Islamic Banking & Finance Archives - MassPoint Legal and Strategy Advisory PLLC

Hdeel Abdelhady - Economic Sanctions, Emerging Technologies Exports, CFIUS

Hdeel Abdelhady Discussed Islamic Finance at Harvard Law School

March 8, 2018

MassPoint’s Founder and Principal, Hdeel Abdelhady, will speak at a program on Islamic Finance at Harvard Law School. Ms. Abdelhady, who has acted as legal counsel to financial institutions, companies, and non-profit organizations on Islamic Finance, banking, and governance matters, teaches a course in Transactional Islamic Law at The George Washington University Law School in Washington, D.C. The program, entitled “Islamic Finance: Principles and Strategies,” will take place on March 6, 2018 at the Harvard Law School in Cambridge, Massachusetts. Program information is available via Harvard Law School.

Dana Gas Sukuk Governing Law and Jurisdiction

June 30, 2017

This post discusses these issues in Dana Gas sukuk matter and offers some observations and lessons that can be drawn from the governing law and forum selection questions raised by the Dana Gas sukuk matter. As this post entails post hoc discussion of the Dana Gas sukuk offering based on publicly available information, there is an element (or more) of Monday morning quarterbacking, and this should be borne in mind. Nevertheless, the general observations and potential lessons—which are not unique to the Dana Gas sukuk or Islamic transactions—should be read for their generality.

Dana Gas Says its Sukuk is Unlawful: Issues

June 22, 2017

Parsing Dana Gas’ Statement that Sukuk is “Unlawful”: Shari’ah, UAE Law, and Factual Questions [1] June 18, 2017 | Author: Hdeel Abdelhady* As discussed briefly in this June 16 MassPoint blog post, Dana Gas PJSC, the Sharjah, UAE-based gas producer, has unilaterally…

Dana Gas Deems its Own Sukuk Unlawful: Parsing the Dana Gas Statement

June 19, 2017

Dana Gas PJSC, the Sharjah, UAE-based gas producer, has unilaterally declared “unlawful” sukuk[2] instruments issued by the company in 2013 [3] (through, as issuer, Dana Gas Sukuk Limited, a Jersey public company with limited liability). This post discusses some of the Shari’ah, UAE law, and factual issues triggered by the Dana Gas statement on the unlawfulness of its sukuk.

November 16, 2015

Specialized Insolvency Regimes for Islamic Banks: Regulatory Prerogative and Process Design Author: Hdeel Abdelhady Original Publication: World Bank Legal Review, Volume 5 Abstract As Islamic banks grow in size and number, they will require enabling legal and regulatory environments to facilitate…

Islamic Finance for Food Security in the Middle East: Food Security Waqf

October 27, 2015

Hdeel Abdelhady proposes a multilateral food security waqf, a type of Islamic trust or endowment, as a vehicle of investment in the future food security of the Middle East. This article focuses on the rationale and objectives of a waqf-based framework currently under development by the author, for application by governments, institutions, and private entities. The structures under development combine the waqf (as a foundational framework to allocate funding and other assets) with Islamic financing structures, Islamic and conventional asset management approaches, Shari’ah- and civil law-based legal frameworks, and effective governance and operational models to achieve measureable impact, in a manner that equitably and rationally distributes rights and responsibilities among parties across the food supply chain, from government consumers to small farmers.