Islamic Finance Lawyers
We recognise the importance of the development of Islamic Finance and it is a key global focus for our business.
The Islamic Finance team advise on the establishment of private equity funds and investment funds, whether Sharia-compliant or conventional equity, alternative, REIT or other investment vehicles. The team also uses their in-depth insurance knowledge to provide advice on (re)takaful products.
We are well known in the MENA and GCC regions, Malaysia, Indonesia, Africa, London and beyond for our knowledge and depth of expertise in Islamic Finance.
Our team has significant experience advising on Islamic Financing transactions and provide advice on all aspects of the law including:
- Sukuk
- Murabaha
- Ijara
- Musharaka
- Salam
- Wakala
- Mudaraba
Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – Banking
Bermuda is not considered an international banking center and only banks licensed by the Bermuda Monetary Authority (BMA) under the Banks and Deposit Companies Act 1999 (BDCA) are entitled to undertake banking businesses in or from Bermuda. As banking is defined as deposit taking (as opposed to lending), international banks are generally able to lend to Bermuda-based borrowers subject to applicable restrictions relating to carrying on business in Bermuda.
Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – Insurance Captives
Bermuda is one of the leading captive insurance markets in the world with over 600 registered captive insurers writing an impressive ~$30 billion of annual gross written premiums.
Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – General Corporate
The Bermuda Monetary Authority (BMA), an independent body that has been in existence since 1969, is an integrated regulator and supervisor responsible for the licensing, supervision and regulation of financial institutions in Bermuda. The BMA’s mandate includes entities conducting insurance, deposit taking, investment and trust business. The BMA conducts risk-based supervision and enforcement, including enforcing anti-money laundering and counter-terrorist financing standards. The BMA sets prudential rules, issues codes of conduct and devises industry guidance to ensure the jurisdiction adheres to international standards.
Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – Insurance
The Bermuda Monetary Authority’s (BMA) 2026 Business Plan (Plan) outlines continued strengthening of Bermuda’s position as a leading global insurance and reinsurance jurisdiction.
Bermuda Monetary Authority 2026 Business Plan: Overview & Expertise – FinTech
By any serious measure, Bermuda’s FinTech strategy for 2026 is not incremental. It is deliberate. It is disciplined. And it is designed to position Bermuda not as a follower in digital finance — but as a standard-setter.
Preparing for and Managing a CIMA Onsite Inspection
The Cayman Islands Monetary Authority (CIMA) is empowered, under the Monetary Authority Act and certain other regulatory laws, to inspect regulated financial service providers (FSP) in the Cayman Islands such as banks, trust companies, administrators, investment managers and virtual asset service providers for compliance with applicable regulatory frameworks. CIMA routinely conducts onsite inspections of such regulated entities – which can be full-scope (involving a review of all areas of a regulated entity's business operations) or thematically focused on specific areas such as corporate governance and/or internal controls, policies and procedures pertaining to AML/CFT/CPF. With the breadth and number of onsite inspections carried out by CIMA having increased through 2024 and 2025 we consider, in this briefing: (i) the CIMA onsite inspection process; (ii) the latest feedback available from CIMA in respect of inspections conducted to date; and (iii) some frequently asked questions in relation to CIMA onsite inspections.