In a bid to grow its Islamic finance practice, Allen & Overy (A&O) will establish an associated office in Riyadh, Saudi Arabia, headed by Julian Johansen. The law firm will be associated with Riyadh-based Abdulaziz AlGasim Law Firm.
Abdulaziz AlGasim Law Firm is a local Saudi legal firm known for its expertise and specialization in Islamic finance, corporate matters, capital markets, and cooperative insurance in the Saudi law context.
Commenting on the collaboration, Abdulaziz AlGasim, managing partner of Abdulaziz AlGasim Law Firm said: “We are pleased to be in association with Allen & Overy and we consider the association to be a powerful combination of our firm’s experience in the field of Islamic finance, Saudi law and Islamic Shariah with that of Allen & Overy’s worldwide offices and all of their esteemed clients.”
A&O are slated to commence their Saudi Arabian operations in July. (See also Moves, page 25.)