Contact number
+966 1 200 8678Chambers Review
Dentons has a compact Saudi banking and finance group composed of individuals based in both Riyadh and Dubai. The firm represents some of the largest banks and financial services clients within the Kingdom, offering considerable expertise in Shari'a-compliant real estate finance, including assisting with the provision of financing to REITs. It is a regular counsel to Shari'a-compliant lenders on murabaha facilities and is also regularly called upon to assist with refinancing arrangements.
Work Highlights
- Dentons represented Saudi National Bank in the conversion of an existing SAR650 million ijara provided to Ahli REIT Fund into a murabaha facility.
Strengths
Provided by Chambers
"The team is strong at understanding our business and ensuring documents are aligned to our commercial requirements."
"They always provide excellent solutions to complex problems, while also considering and weighing up all variables."
"Dentons' advice is always good and timely. We really rely on their advice to make informed decisions."
"The team is strong at understanding our business and ensuring documents are aligned to our commercial requirements."
"They always provide excellent solutions to complex problems, while also considering and weighing up all variables."
"Dentons' advice is always good and timely. We really rely on their advice to make informed decisions."
Notable Practitioners
Umera Ali leads the Saudi banking and finance team, splitting her time between Riyadh and Dubai. She regularly advises some of the largest lenders in Saudi Arabia. She has extensive experience concerning refinancing and murabaha transactions, and is also well versed in restructuring.
"Her attention to detail and dedication are truly commendable. Umera goes above and beyond to ensure that her clients are well informed and comfortable every step of the way."
"We are very comfortable with the way she looks after the lenders' interests."
"She is approachable and her advice is always excellent."