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Arendt & Medernach becomes a member of IsFin - World's Leading Islamic Finance Lawyers

 
05/05/2011 -

IsFin gathers the top specialists from independent member firms in all key countries, with coverage in more than 60 targeted countries, enabling it to provide any company with fully co-ordinated, yet locally-specific, global advice in all aspects of Islamic finance (Shariah-compliant and conventional transactions).

In just 4 months, IsFin has managed to pull as members some of the strongest law firms in the world.  Evidence of the Interest for a global approach to Islamic finance law.

 

"We are filling a gap in the market" says IsFin's Board Member Josep Marsal (Partner Banking & Finance, CUATRECASAS, Spain). "Private, public and corporate islamic investors are looking at stable investments and seek to invest in Western countries and emerging countries like China, Brazil, India,... On the other side, Western companies are willing to invest in the Arab world where macro-economic and political changes occur".

 

"We are seeking and cherry-picking the best Islamic finance legal teams in the market" says IsFin's Ceo, Prof. Laurent Marliere. "We receive a tremendous wave of enthusiasm from both the investors' market and the legal practitioners".

 

“The economic context is really boosting our project” says Marliere. “The high energy prices and the fact that Islamic banks have been protected from the credit crunch, due to their ethical approach, has provided Islamic investors with huge liquidities (ca. 900 billion dollars). This capital now needs to be invested.

 

IsFin's latest membership affiliations include: ARENDT & MEDERNACH, AFSCHRIFT, CHIOMENTI, CUATRECASAS, GIDE LOYRETTE NOUEL, LENZ & STAEHELIN, MORAIS LEITAO, P+P PÖLLATH..

 

(Source: Arendt & Medernach)

   
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