From the first Shariah compliant commodity financing in Australia to representation on AFMA’s Islamic Finance Working Group, King & Wood Mallesons is at forefront of Islamic finance. As the market develops within the region, we are being called upon by the world’s leading financial institutions, corporates and governments for their most innovative and complex Islamic finance transactions.
Resilient during the Global Financial Crisis and offering opportunities for market diversification and growth, Islamic finance is one of the fastest growing areas in the global financial sector. For Australia, it plays a major role in it’s aspiration to be a global financial services centre in the region and its plans to drive innovation and competition in the wholesale and retail banking sectors.
Recognised as a leader in Islamic finance innovation, our team advised on Australia’s first Shariah compliant commodity financing and has recently acted on the establishment of a property fund for investing into Australia, which achieved both Shariah compliance and optimal tax outcomes. Across this advice, clients benefit from our technical excellence, full service capabilities and regional coverage. With an active role on the Islamic Finance Working Group and other industry representations, clients are also provided with a voice, as we work towards the further development of Islamic finance in Australia and the region.