GLOBAL: IFN is pleased to reveal the winners of the prestigious IFN Law Awards 2019 which recognized eight law firms for their outstanding achievements in Islamic finance legal work over the last 12 months across 14 categories including the coveted Law Firm of the Year title.
Acknowledged globally for their impartiality, independence and inclusivity, the IFN Law Awards 2019 honor eight firms — a mix of national champions and global legal firms — in one of the most competitive years as nominations represented a diverse mix with submissions from law firms across the Middle East, Southeast Asia, the Middle East and Europe.
Selected by an independent awards board comprising senior industry practitioners, each nomination was evaluated based on a matrix of qualitative criteria, beyond the sheer size of a firm or transaction, including: the spirit of innovation and creativity in deal-structuring, the impact and influence of each transaction, the complexity of the problems being solved and the consistency in the quality of work produced by each firm.
This year’s submissions saw a few firms nominated for the first time as well as significant representation from domestic firms, reflected in half of the winners being local institutions (it was 25% in 2018), demonstrating their unparalleled dominance in their home markets. International law firms accounted for the lion’s share of the 14 awards, including Law Firm of the Year.
Replication of tested concepts was the hallmark of this year’s submissions. For a detailed explanation of each win and the full list of all winners including honorable mentions, click here.
IFN would like to extend our heartiest congratulations to all winners! It is indeed our immense pride to be honoring the legal community, who are an indispensable pillar of the global Islamic finance industry.
|Table 1: IFN Law Awards 2019 — categories and winners|
|Arbitration, Insolvency & Restructuring||Allen & Overy|
|Asset Management & Islamic Funds||King & Spalding|
|Banking & Finance||J Lee & Associates|
|Capital Markets||King & Spalding|
|Energy & Natural Resources||Adnan Sundra & Low|
|ESG, Green, SRI||Adnan Sundra & Low|
|Fintech||King & Spalding|
|Mergers & Acquisitions||Khoshaim & Associates|
|Offshore Finance||Trowers & Hamlins|
|Private Equity||K&L Gates|
|Project Finance||Allen & Overy|
|Real Estate||Norton Rose Fulbright|
|Trade Finance||Allen & Overy|
|Law Firm of the Year||Allen & Overy|