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 focuses on 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 Global Directory 2017, which comments "Dubai-based Mohammed Paracha is a respected practitioner with a specialist focus on Islamic finance in the Middle East region. Market sources describe him as a "solid finance lawyer" and a "very good name in the market"."
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.
2016 was a relatively subdued year for Middle-East bond and sukuk issuances....
January 17, 2017
We are delighted to bring you the next edition of the ‘Bahrain client updater’. Our aim is to provide you with a brief and regular update on a variety of topical....
October 13, 2011
Global law firm Norton Rose Fulbright has advised Al Rayan Bank Plc (Al Rayan) on a £250 million Sharia-compliant securitisation of home purchase plans (HPPs)..
February 16, 2018
Global law firm Norton Rose Fulbright has advised NATIXIS Pfandbriefbank AG on its five year €90 million mortgage loan to a London-based investment company managing a fund for Middle East investors. NATIXIS Pfandbriefbank AG acted as arranger and sole underwriter on the non-recourse financing which was structured to be eligible for both Pfandbrief refinancing and compliant with Shariah requirements..
May 18, 2016