The following Banking & Finance news provides comprehensive and up to date legal information on Sustainable finance and ESG monthly round–up—30 April 2025
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Sources of Shari'ahIntroductionShari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion of Islam that sets out a system of duties or code of conduct for individuals to follow so that they may live
Murabaha documentation and transaction mechanicsA basic murabaha and a commodity murabaha arrangement can both be structured to facilitate a single transaction, or to operate on a revolving basis so that several transactions can be entered into under the same facility. For more information, see
The structure and elements of a Sukuk transactionThis Practice Note sets out the key differences between conventional bonds and sukuk, or trust certificates as they are otherwise known, (the Sukuk). The Practice Note also provides an overview of the main Sukuk structures and comments on recent
The structure and required elements of a bai salam transactionTerminologyGiven the historic origins of Shari'ah principles and jurisprudence in general and those underlying the development of bai salam, much of the terminology revolves around commodities and agriculture. Since the application of
0330 161 1234