We advise banks, development institutions, corporates, sovereigns, and funds on the full spectrum of finance transactions across Saudi Arabia and the Gulf, with particular depth in Islamic finance structures and the regulatory requirements of SAMA-supervised financing activity.

Saudi Arabia’s finance and lending markets are regulated under a sophisticated framework administered primarily by the Saudi Central Bank (SAMA). The Finance Companies Law (Royal Decree M/51 of 1433H) governs non-bank finance companies, while conventional and Islamic banking activity is supervised under SAMA’s Banking Control Law and its associated prudential and conduct circulars. The prohibition of riba (interest) and the Sharia requirement for asset-backing in financing arrangements are foundational to the Saudi market, with Murabaha, Ijara, Diminishing Musharaka, Tawarruq, and Istisna structures widely used across corporate, project, and real estate finance transactions.

On the corporate and institutional lending side, we advise borrowers and lenders on bilateral and syndicated facility agreements, revolving credit facilities, term loans, and hybrid structures — including facilities documented under both Saudi law and English law where cross-border lender groups require dual-jurisdiction documentation. We have particular experience in project finance for infrastructure, energy, industrial, and residential development projects, including Vision 2030 giga-project supply chain financing programs that require coordination across government, quasi-government, and private sector participants.

Our real estate finance practice covers mortgage and secured lending transactions, REDF-funded residential financing, and off-plan sale financing governed by the Real Estate Development Fund and Ministry of Municipal and Rural Affairs regulations. On security, we advise on the creation and perfection of pledges under the Pledge Law (Royal Decree M/19 of 1435H), real estate mortgages at the Real Estate Registry, and the assignment of project accounts and insurance proceeds as collateral. We also advise on debt restructuring, including renegotiation and amendment of existing facilities, covenant waivers, standstill arrangements, and intercreditor restructuring in distressed situations.