Orr, Dignam & Co.'s banking and finance team remains active within the project financing space, with expertise in the energy and aircraft sectors. The group is particularly adept at handling asset finance and export credit transactions, as well as working within conventional and Islamic financing. Recently the group has advised on regulatory requirements for commercial banks and financial institutions regarding foreign exchange and anti-money laundering regulations. Asim Nasim, based in Karachi, co-heads the team with Shahid Raza, who is based inIslamabad. Anjum Tanweer and Maha Ahmed also ably support the team.
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Key clients
- Baker & McKenzie LLP
- Bank of Khyber
- Bank of Singapore
- Barrick Gold Corporation
- BE Energy
- Channel VAS
- Optasia
- Citibank Group
- Faysal Bank Limited
- Foundation Wind Energy Limited
- IGI Investments Limited
- Institute of Bankers Pakistan
Work highlights
Acted for CitiBank NA in reviewing the Tahawwut Master Agreement which was intended to be entered into between a Shariah compliant entity in Pakistan and the client.
Advising FWEL I and FWEL II on the steps leading to the completion of the loan period in relation to the long term foreign and local Islamic finance facilities, particularly with respect to execution of documentation for the release and vacation of charges.
Advising Siemens Pakistan on the Meezan Bank Islamic running finance and LC facility agreements and on central bank’s regulations on realisation of export proceeds.
Practice head
Asim Nasim; Shahid Raza
Other key lawyers
Maha Ahmed; Anjum Tanweer