DUBAI - Allen & Overy has been recognised as the "Law Firm of the Year" for the fourth consecutive year at the annual Islamic Finance News Awards ceremony held in Dubai last night. The awarding body, Islamic Finance News, cited that "Allen & Overy held its ground to retain the top spot by a comfortable margin, and the breadth of expertise and global stretch of the firm as well as its constant focus on new horizons led to its achievement for the fourth year in a row."
Allen & Overy received a record-breaking 17 awards, beating the previous record of 15 awards received by the firm last year, including "Social Impact Deal of the Year" and "Regulatory Capital Deal of the Year" which were introduced for the first time this year.
Dubai-based partner and Head of the Global Islamic Finance Group, Anzal Mohammed, commented: "It was a hugely successful evening for Allen & Overy at this year's IFN Awards and we are thrilled to have, once again, set a new record for the most IFN awards received by a law firm in a single year. During the course of 2014, we have advised on many of the most high profile and ground-breaking Islamic finance transactions, and we are delighted that our clients are coming to us for increasingly innovative and sophisticated Islamic finance solutions. Being recognised as "Law Firm of the Year" for the fourth consecutive year demonstrates that we are a consistent global market leader across the whole spectrum of Islamic finance asset classes."
The full list of IFN Awards that Allen & Overy received are set out below:
"Law Firm of the Year"
"Capital Markets Team of the Year"
"Insolvency & Restructuring Team of the Year"
"Structured Finance Team of the Year"
"Ijara Deal of the Year" - Dubai International Financial Centre (DIFC) Investments sukuk
"Syndicated Finance Deal of the Year" - APICORP
"Restructuring Deal of the Year" - Amlak restructuring
"Hybrid Deal of the Year" - Cahaya Capital for Khazanah Nasional (Khazanah) sukuk
"Perpetual Sukuk Deal of the Year" - Al Hilal Bank Tier 1 sukuk
"Regulatory Capital Deal of the Year" - Al Hilal Bank Tier 1 sukuk
"Social Impact Deal of the Year" - International Finance Facility for Immunisation Company sukuk
"Emerging Asia Deal of the Year" - Hong Kong sukuk
"Indonesia Deal of the Year" - Perusahaan Penerbit SBSN Indonesia III sukuk
"Luxembourg Deal of the Year" - Grand Duchy of Luxembourg sukuk
"Pakistan Deal of the Year" - Government of Pakistan sukuk
"Saudi Arabia Deal of the Year" - Saudi Telecom Company sukuk programme
"UAE Deal of the Year" - AHB Tier 1 sukuk
In addition to Islamic Finance News, Allen & Overy was recognised recently by another leading Islamic finance publication, The Asset Triple A, as the "Best Islamic Law Firm" at the Triple A Islamic Finance Awards in 2014.
For further information on the above, please contact Jane King at jane.king@allenovery.com or on +971 4 426 7138.
© Press Release 2015