Islamic Finance
MLL Legal regularly advises clients in Islamic finance transactions across a range of Shariah-compliant structures, including Sukuk transactions, Murabaha, Istisna’a, Ijara and Musharakah financings and Takaful deals. etc. Its a long-standing experience in delivering pioneering legal advice on Islamic finance transactions for various financial institutions and borrowers.
Areas of expertise
- Understanding of conventional and religious legal principles governing Islamic finance and evolving financing techniques
- Structuring, documenting and negotiating complex transactions based on innovative Shariah-compliant techniques
- Multi-national Islamic finance transactions and Sharia-compliant products, including
- Key Islamic contracts of Murabaha, Modaraba, Tawarruq, Musharaka
- Shariah-compliant asset finance
- Sukuks (Islamic bonds)
- Restructuring of Islamic financing facilities
- Sharia-compliant structured finance and derivative products
- Sharia-compliant mortgages
Other relevant areas
Asset Management | Investment Funds | Debt & Equity Capital Markets | Structured Finance & Lending | Trade & Commodity Finance | Aviation & Ship Finance | Derivatives, Structured Products | Financial Services & Regulatory | General Legal Documentation & Transaction Support | Regulatory & Compliance Support | FinTech | Private Banking | Payment Services
Team
“Great client relations and network, they know how to put the client at ease”
Publications
Islamic Finance & Markets 2023 – Switzerland
Lexology GTDT, Getting The Deal Through, Law Business Research, September 2022- EN
- Samuel Ljubicic
- Kathrin Waditschatka
Islamic Finance & Markets 2022 – Switzerland
Lexology GTDT, Getting The Deal Through, Law Business Research, November 2021- EN
- Samuel Ljubicic
- Kathrin Waditschatka
Islamic Finance & Markets 2021
Getting The Deal Through, Law Business Research, November 2020- EN
- Samuel Ljubicic
- Kathrin Waditschatka
Client segmentation under FinSA
International Law Office, November 2019- EN
- Alexander Vogel
- Reto Luthiger
- Fabienne Walter
News Portal
Act on the Transparency of Legal Entities
On 22 May 2024 the Federal Council adopted the dispatch on the new Transparency Act for Legal Entities to be submitted to the Swiss parliament. The bill introduces a new federal register of beneficial owners of legal entities as well as new due diligence duties for risky activities in the legal profession, following the purpose of enhancing effectiveness of the Swiss framework for combating money laundering and terrorist financing. Furthermore, the bill aims compliance with international standards set by the Financial Action Task Force (FATF).
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The new Limited Qualified Investor Fund (L-QIF) – What is it and who is it for?
Following our recent newsletter contributions on this topic, please be informed about key developments regarding a new structuring option for collective investment schemes (funds) in Switzerland, the so-called «L-QIF«, that offers attractive opportunities, in particular for banks, pension funds, and Swiss-based family offices.
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Agreement between Switzerland and the United Kingdom (UK) on Mutual Recognition in Financial Services
On 21 December 2023, Switzerland signed a first-of-its-kind financial services agreement with the UK (Agreement) after two years of talks which began after the UK left the EU. The Agreement uses outcomes-based mutual recognition of each jurisdiction’s financial services regulatory and supervisory regimes to facilitate cross-border trade in financial services to wholesale and sophisticated clients on the basis of deference, domestic law or other arrangements:
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In Spotlight: What Are Additional Tier 1 (AT1) Bonds and How Do They Function?
In the course of the forced emergency merger between UBS and Credit Suisse for CHF 3 billion in UBS shares, the Swiss Financial Market Supervisory Authority (FINMA) ordered the write off of CS’s Additional Tier 1 bonds in the total amount of CHF 16 billion.
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Swiss Marketing Rules for Foreign Fund Managers: Be Reminded of the 31 December 2021 Deadline
This note is part of a series of briefings on the Financial Services Act (FINSA, FIDLEG in German and LSFin in French) that came into force in 2020 and is a reminder for fund managers and other entities advertising, offering or marketing foreign funds on a cross-border basis to Swiss qualified investors that all FINSA requirements will need to be satisfied by 31 December 2021.
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