SASLO has one of the Sultanate’s pre-eminent banking and finance practices.
The firm provides a full range of legal transactional and advisory services including, amongst other things:
Our clients include domestic and international, conventional and Islamic banks, insurance funds, pension funds, financial services providers and payment services providers, as well as companies, sponsors, investment funds, and other investors.
On the Shari’ah compliance and Islamic banking and finance front, we have acted for major banks in the Sultanate. We have assisted with the development of a Master Facilities Agreement for seven different types of Islamic Finance facilities for corporate customers and SMEs, such as Master Murabaha Agreement, Joint Guarantee, Master (Diminishing) Musharaka Agreement, Ijara (Lease Purchase – Real Estate) Agreement, Master Islamic Finance Facilities Agreement, Master Mudarabah (Real Estate Development) Agreement, Shari’ah Compliant Vendor Purchase Facility (and Tripartite Agreement among bank, customer & developer) for real estate; and Master Istisnaa (Investment) Agreement.