Ranking tables

Banking & Finance: Islamic Finance | Global

Global: Multi-Jurisdictional

This section lists lawyers and law firms advising on Sharia-compliant financial products such as murabaha and ijara agreements. Other notable areas of work include sukuk issuances and the formation of Sharia-compliant investment funds. Ranked law firms may also advise on regulatory matters underpinning the use of Sharia products. Note that legal work relating to Islamic insurance products (takaful) is given greater credit in insurance sections than Islamic finance. For Middle East-Wide sections, the location of an individual lawyer or team is not a primary concern, though their work should either be for Middle East-based clients or else relate to the region in a clearly demonstrable way.

All Departments profiles

1

Band 1

  1. A&O Shearman
    1
    A&O Shearman
    Banking & Finance: Islamic Finance
    2025 | Band 1 | 4 Years Ranked

    A&O Shearman is regularly mandated on complex cross-border matters, providing well-established teams in London, Paris, Frankfurt and Hong Kong, which often connect with its expansive international network on cross-border mandates. The law firm offers:

    • Experience representing eminent lenders, sponsors and borrowers, including public development banks, investment banks, private equity firms and multinational corporates.

    • Expertise in the areas of syndicated loans and major leveraged buyout transactions as well as project finance and complex corporate loans.

    • Quality teams in the Middle Eastern, Malaysian and Indonesian offices, giving it the capacity to advise on cross-border Islamic finance matters. 

  2. Clifford Chance LLP
    1
    Clifford Chance LLP
    Banking & Finance: Islamic Finance
    2025 | Band 1 | 4 Years Ranked

    Clifford Chance has a top-tier banking and finance practice with outstanding capabilities across the UK, continental Europe and Asia, notably in the Chinese, Japanese and Singaporean markets. The law firm offers:

    • Extensive expertise working on behalf of multinational companies, international banks, private equity firms and public institutions.

    • Expertise handling the full range of financing mandates, including syndicated lending, project finance and buyouts.

    • A market-leading Islamic finance practice, which occupies a dominant position in key Middle Eastern jurisdictions and in Malaysia and Indonesia.

2

Band 2

  1. Baker McKenzie
    2
    Baker McKenzie
    Banking & Finance: Islamic Finance
    2025 | Band 2 | 4 Years Ranked

    Baker McKenzie operates on a global basis out of offices in the Americas, Asia-Pacific and EMEA, with a well-established presence in China, Japan and the UK. The law firm offers:

    • A robust lender-side practice with considerable strength advising high-profile investment banks and financial institutions.

    • Highly-capable teams advising on international acquisition and syndicated finance transactions.

    • An experienced Islamic finance group with a strong foothold in Saudi Arabia, Malaysia, Singapore and Indonesia, regularly acting on sukuk issuances and wider Shari'a-compliant investment, restructuring and loan matters.

  2. Dentons
    2
    Dentons
    Banking & Finance: Islamic Finance
    2025 | Band 2 | 4 Years Ranked

    Dentons has a distinguished and well-established Islamic finance practice with extensive experience working with domestic and international clients. The law firm offers:

    • Experience representing clients in the private equity, investment banking and wider corporate spaces.

    • Considerable expertise in relation to capital market deals, sukuk transactions and derivatives matters.

    • Highly experienced practitioners based across its Middle Eastern offices, particularly in Qatar and the United Arab Emirates.

  3. Hogan Lovells
    2
    Hogan Lovells
    Banking & Finance: Islamic Finance
    2025 | Band 2 | 4 Years Ranked

    Hogan Lovells has a distinguished group with expertise in cross-border banking transactions concerning Africa and Asia, supplemented by a well-established presence in London and Paris. Hogan Lovells offers:

    • Notable experience advising investment banks, alongside broader experience acting for corporate borrowers and sponsors.

    • Experienced counsel in leveraged and acquisition finance, as well as structured and asset finance.

    • A robust Islamic finance practice through its strong Middle Eastern network, including offices in Qatar and the United Arab Emirates.

  4. Linklaters
    2
    Linklaters
    Banking & Finance: Islamic Finance
    2025 | Band 2 | 4 Years Ranked

    Linklaters has a first-class finance practice with market-leading strengths in key financial centres across the UK, Europe and Asia, with experience advising clients on transactions involving Africa and Latin America. The law firm offers:

    • Experience representing international banks, private equity firms and household-name corporate clients on landmark financial transactions.

    • Deep expertise in project finance, complex financing transactions and restructuring.

    • Considerable skill acting on emerging markets work, as well as an accomplished Islamic finance practice.

  5. White & Case LLP
    2
    White & Case LLP
    Banking & Finance: Islamic Finance
    2025 | Band 2 | 4 Years Ranked

    White & Case has an esteemed finance practice which leverages the breadth of the firm's geographic coverage and ability to build multi-office teams across key financial hubs such as London, Frankfurt, New York, Hong Kong and Tokyo. The law firm offers:

    • Extensive experience in acquisition finance, leveraged finance, syndicated finance and the negotiation of senior credit facilities.

    • Aptitude acting on behalf of borrowers and lenders on complex cross-border transactions.

    • Deep experience in Islamic finance matters, calling upon experienced teams in Middle Eastern jurisdictions including Saudi Arabia, Qatar and the United Arab Emirates.

3

Band 3

  1. King & Spalding LLP
    3
    King & Spalding LLP
    Banking & Finance: Islamic Finance
    2025 | Band 3 | 4 Years Ranked

    King & Spalding has an Islamic finance practice with particular experience in advising investment funds on Shari'a-compliant investments and financing mandates. King & Spalding offers:

    • In-depth knowledge and expertise in conventional and innovative sukuk issuances, both in the Middle East and further afield.

    • Experience on programme refinancing.

    • Strong offices in Abu Dhabi and Dubai, supported by its operations in Riyadh, London and New York.

  2. 3
    Latham & Watkins LLP
    Banking & Finance: Islamic Finance
    2025 | Band 3 | 4 Years Ranked

    Latham & Watkins has a stellar banking and finance group which benefits from an extensive global footprint, offering clients a high-quality network of teams across key jurisdictions such as the UK, France, Germany and China. The law firm offers:

    • Strength as one of the foremost lender-side practices in the USA.

    • Experience representing a multifaceted client base, including a number of leading international banks on the lender side and private equity firms and corporates on the borrower side.

    • High-end advice on senior secured bank and asset facilities, shareholding acquisitions and term loans, as well as leveraged and acquisition finance matters.

    • Expertise in Islamic finance mandates in the Middle East through highly respected teams located in Saudi Arabia and the United Arab Emirates.

  3. 3
    Norton Rose Fulbright
    Banking & Finance: Islamic Finance
    2025 | Band 3 | 4 Years Ranked

    Norton Rose has a distinguished team which has notable experience advising on transactions in emerging markets across Africa, Latin America and the Middle East. Norton Rose offers:

    • Teams well versed in handling complex, high-value financing transactions for both borrowers and lenders.

    • Experience acting for a range of corporate entities, financial institutions and public sector clients, with a particular strength handling project financing matters.

    • Significant expertise in the areas of restructuring and multi-tranche debt financing.

    • Expertise in Shari'a-compliant financing issues, leveraging its network covering key Middle Eastern and Asian markets.

  4. Adnan, Sundra & Low
    Banking & Finance: Islamic Finance
    2025 | Band 3
  5. Albar & Partners
    Banking & Finance: Islamic Finance
    2025 | Band 3