Salam M. Alsmadi

Dubai
  • Dubai International Financial Centre
  • Precinct Building 1, Level 3
  • P.O. Box 506698
  • Dubai, United Arab Emirates
 
 

Salam Alsmadi is an associate in the Dubai office of Latham & Watkins where he is a member of the Finance Department.  Mr. Alsmadi's experience includes advising clients on Islamic finance, structured finance, derivatives, bankruptcy and all types of security interests in the GCC region. He specializes in Islamic finance and international finance transactions.

 

Mr. Alsmadi's experience includes advising:

  • Standard Chartered Bank with respect to the US$300,000,000 Emaar/SCB Murabaha transaction*
  • On the first securitisation of Islamic residential leases (ijara) and the first true sale securitisation in the GCC region*
  • Dubai Bank in respect of the first standardized Master Murabaha Agreement which was prepared by International Islamic Financial Market*
  • Amlak Finance in connection with an AED1.8 Billion Wakalah Agreement*
  • In connection with the first commercial mortgage backed securitisation in the UAE*
  • The arranger in preparing a syndicated facility agreement for Ithmar Fund*
  • in connection with financing the purchase of five aircrafts through sale and lease back mechanism*
  • Citicorp International Limited (as Facility Agent) in preparing a syndicated loan agreement to CP Industries Holding*
  • Two steering committees in respect of two major restructuring transactions in the Middle East*
  • Mitsubishi UFJ Securities International plc on regulatory, capacity and enforceability matters in relation to entering into derivative transactions with UAE counterparties*

Preparation of:

  • A fifty-page legal report for Barclays Capital on the legal aspects of secured lending and securitisation in the UAE*
  • A facility agreement and various security documents in connection with the AED800 million facility from NBAD for Al Fahim Group*

*Matter handled while at a previous firm