Mohammed Paracha is a banking lawyer based in Dubai and is also the Head of our Islamic finance practice for the Middle East and Africa.
Mohammed specialises in Islamic financial and banking transactions and has a broad range of transactional experience. Mohammed’s main area of skills is with cross-border transactions where he advises clients across a broad range of asset classes and industry sectors.
His transactions are predominantly asset related involving real estate, ships, aircraft and project assets or complex structured transactions in new markets where tax, legal and Shariah principles need to be navigated in order to deliver optimum returns to Islamic investors.
Mohammed advised the sponsors TAV Havalimanlari Holding A.S, Saudi Oger Limited and Al Rajhi Holdings (the TIBAH Consortium) on the financing and construction of the US$1.2 billion expansion of Madinah Airport in the Kingdom of Saudi Arabia. This is the first full PPP (Public Private Partnership) project in Saudi Arabia and one of the largest infrastructure projects in the Middle East in 2012.
Mohammed trained and qualified with our practice and gained international recognition for his work as the sole legal member of the Bank of England’s committee on Islamic finance where he assisted the UK Government in establishing London as an international Islamic finance hub.
Mohammed is recognised as a key individual by Chambers & Partners Legal Directory 2013, which comments ‘"He has a very good knowledge base, and is very intuitive and thoughtful in dealing with the Islamic banks and scholars." Mohammed was also the exclusive winner of the ILO Client Choice Awards 2012 by International Law Office in the area of Islamic finance.
Mohammed is a regular speaker at conferences and has appeared on various news media talking about Islamic finance and related topical issues.
Mohammed is fluent in Urdu and Punjabi.
Key issues for your business.
The Middle East and London teams advised the winning consortium on the US$1.2 billion Madinah Airport expansion PPP. .
Robin Balmer joins the practice in Dubai.
Global legal practice Norton Rose Fulbright has advised the Islamic Development Bank (IsDB) on its record issuance of US$1 billion 1.535 per cent Trust Certificates .