Friday, April 22, 2016

Curtis adds Islamic finance experience to Muscat team

Curtis has added a U.K and Pakistan qualified banking & finance lawyer, Sikander Nafees Siddiqui, to its Muscat team.

He focuses on banking and finance matters, both conventional and Islamic finance products, structured finance, project acquisition finance, trade finance and debt capital markets, particularly in the transportation and power sectors. He has advised on Sukuks issuance, Commodity Murabaha and Wakala placements and the full range of syndicated and bilateral facilities.

Before he joined Curtis, Sikander was the vice president of legal of Dubai Islamic Bank, the world’s first Islamic bank. He has also worked at top banking & finance and corporate law firms in Pakistan.

“Clients are already benefiting from Sikander’s hands-on experience in Islamic finance, and his track record in the power and water sector”, says Curtis Oman managing partner Bruce B. Palmer. “He has structured, drafted and negotiated documentation for the OMR 15.5 million Islamic project financing (based on the Istisna’a – Forward Ijarah structure) of a Greenfield cement project, an OMR 50 million conventional project financing of a dairy project and a secured syndicate foreign currency term loan facility of over OMR 100 million provided by a consortium of local and international banks.”