Simmons and Simmons wins 'Islamic Finance Law Firm of the Year'

Simmons and Simmons has been awarded "Islamic Finance Law Firm of the Year" at the Middle East Legal Awards 2009. Simmons and Simmons won the award by demonstrating that it has made a profoundly significant impact on the field of Shariah compliant business in the Middle East region over the previous 12 months. The commercial and social impact of relationships and deals brokered over the last 12 months was considered highly in the judging of the award by an independent panel of experts.

Muneer Khan, partner and Head of Islamic Finance at Simmons and Simmons, said:

"We are very happy to have received this award as it recognises the successful implementation of a different vision for the practice of Islamic finance by an international law firm."

Simmons & Simmons has demonstrated a unique strength in the breadth and depth of its practice of Islamic finance. Over the last 12 months, the firm has acted on a number of technically challenging and groundbreaking transactions and has advised on the development of a broad range of structured Islamic products and funds across the region.

Based on its many years of combined practical experience, the Islamic finance team has successfully integrated the practice of law, the ability to foresee and resolve complicated Shariah issues at the earliest opportunity and the application of best practice, leading to the creation of more robust products and structures, greater efficiencies, reduced costs and accelerated timelines for clients.
Link: http://www.ameinfo.com/217785.html