This article covers the issues arising from the discontinuation of LIBOR for Islamic finance transactions and considers some potential solutions that may benefit industry participants, particularly providers of Islamic finance.
With expertise in both traditional and Sharia compliant finance, we provide practical solutions to even the most complex Islamic finance requirements.
Demand for finance that complies with Sharia principles continues to grow and we have seen the rise in popularity for these structures increase both from traditional Islamic lenders and from non-Islamic financial institutions offering these products.
Through our depth of Finance experience, particularly in our core sectors of Energy and Transport, we deliver successful Islamic financing solutions through our specialist team, which combines industry knowledge with an understanding of Sharia law and conventional and regulatory banking requirements.
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This article details the upcoming transition away from LIBOR and towards other risk-free benchmark rates across multiple currencies, looking in particular at SONIA and SOFR.
This article explains the difference between an electronic signature and a digital signature, what digital signatures look like, how they work and why they are more secure than ‘simple’ electronic signatures.