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Ashurst Boosts Islamic Finance Capability

Ashurst Boosts Islamic Finance Capability

Ashurst boosts Islamic finance capability with structured and securities finance partner hire 

International law firm Ashurst announces the appointment of Abradat Kamalpour as a partner in its London securities and structured finance ('SSF') practice, specialising in Islamic Finance.

Abradat joins the firm from Dechert LLP where he was a partner in the finance and real estate team. He has extensive experience in securitisation, debt capital markets and structured finance transactions and has been at the forefront of structuring Islamic-compliant capital markets and securitisation transactions, transforming non-compliant structures into instruments acceptable to Islamic investors.

Abradat has recently advised Dresdner Kleinwort and HSBC as co-arrangers and dealers on the establishment of the US$1 billion Sukuk issuance programme and an issue under the programme that was listed on the London Stock Exchange.

Commenting on the appointment, Geoffrey Green, senior partner at Ashurst, said:

"Abradat's appointment will greatly enhance our existing Islamic Finance capability both in the UK and the Middle East. We are confident that he will be a significant asset to the firm and make a notable contribution to the ongoing success of the SSF practice."

Erica Handling, head of the securities and structured finance practice of Ashurst, said:

"We are delighted to have a partner of Abradat's calibre joining the team. He has exceptional knowledge and structuring skills in the area of Islamic finance. This will greatly complement the expertise we already offer across a variety of products which there is increasing interest in structuring as Shariah complaint, including bonds, structured products and derivatives, project finance and corporate transactions."

Abradat added:

"Ashurst's finance practice, including its energy and projects work, offers great opportunities for further development of an Islamic finance practice. The firm has first rate credentials in these areas and I very much look forward to being part of the team."

 

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