Email address
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+966 11 202 0344Provided by Chambers
STAT Law Firm is an independent Saudi practice with a growing reputation for transactional matters. It offers a compact banking team which is a regular adviser to several prominent Saudi banks on Islamic finance facilities. Additionally, the department frequently counsels clients on sukuk issuances and a variety of regulatory issues impacting the operation of banks and financial services companies.
Provided by STAT Law Firm
STAT Law Firm advised the Saudi Central Bank and the Kingdom's Banking Treasury Group on the contractual ramifications of IBOR migration.
Provided by Chambers
One of STAT's main strengths is their deep understanding of banking and finance practice within the Kingdom and their ability to come up with legal solutions that address all parties' needs.
The strengths of STAT Law Firm include their technical ability, efficient drafting, commercial thoughtfulness and an ability to communicate effectively with multiple counterparties.
STAT are great in terms of their work product. They are hugely responsive and they do a very good job, really navigating the interplay between Shari'a principles and the commercial side.
One of STAT's main strengths is their deep understanding of banking and finance practice within the Kingdom and their ability to come up with legal solutions that address all parties' needs.
The strengths of STAT Law Firm include their technical ability, efficient drafting, commercial thoughtfulness and an ability to communicate effectively with multiple counterparties.
STAT are great in terms of their work product. They are hugely responsive and they do a very good job, really navigating the interplay between Shari'a principles and the commercial side.
Provided by Chambers
Faris Al Amoudi heads the banking team at STAT, where he regularly advises big-name Islamic banks on murabaha facilities and other Shari'a-compliant transactions. He also has notable experience advising on banking regulatory matters.
His deep understanding of the banking sector and Islamic finance-related matters is impressive.
Faris has sophisticated legal knowledge that adds great value to any client. Faris also provides sufficient time to all his clients and is willing to do so at a moment's notice.
Faris is one of the best legal counsel in the finance field in KSA, with a deep understanding of the sector. He's commercially driven and proposes specific solutions for complex transactions.