Department profile
AX Law

FinTech Legal

FinTech Guide 2026 : United Arab Emirates


AX Law

Rankings

Chambers Review

Provided by Chambers

FinTech Legal - United Arab Emirates

Band 4

Band 4


What the Team is Known For

AX Law has a strong FinTech practice group across several Middle East offices, including Dubai. The team has a strong reputation for supporting startups and established FinTechs and financial institutions on a broad range of regulatory matters, technology transactions and data security.

Work Highlights

Provided by Chambers

  • AX Law advised STC Bank, the operator of STCpay, on converting its eight million digital wallet accounts into full digital bank accounts.

Strengths

Provided by Chambers

  • They are really responsive and thoughtful. They know the region well; they also know when to push matters and when you can't, which is important when operating in an international market.

    FinTech Legal respondentFinTech
  • They had a very strong understanding of our particular industry within the tech world. Their advice was tailor-made for our needs, and precise.

    FinTech Legal respondentFinTech

Notable Practitioners

Provided by Chambers

  • Band 2Karim Fawaz
    Band 2Karim Fawaz

    Karim Fawaz

    Karim Fawaz is a well-regarded corporate and commercial TMT lawyer. He advises on FinTech mandates in the UAE and the wider Middle East. He frequently acts for startups and innovative payments and e-money companies in the region.

    • Karim has a combination of technical precision, clear communication and commercial awareness. Karim delivered guidance that was both tailored to our business model and practical in its application.

      FinTech Legal respondentFinTech
    • Karim Fawaz is one of the few people who sincerely understands our business dynamics.

      FinTech Legal respondentFinTech
  • Up and ComingAshleigh Bruce
    Up and ComingAshleigh Bruce

    Ashleigh Bruce

    Ashleigh Bruce was promoted to partner at AX Law in October 2023. She is noted for her commerciality and her practical approach to FinTech transactions and investment matters.

Ranked Individuals at AX Law (2)

United Arab Emirates

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