ASAR’s Partner Hossam Abdullah Named among Euromoney’s Expert Guide “Best of the Best” Islamic Finance legal practitioners for 2015 in the World

ASAR – Al Ruwayeh & Partners, Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier firms, announced today that Hossam Abdullah, Corporate, Banking, Finance & Capital Market Partner at ASAR, has been selected amongst the world’s “Best of the Best” Islamic finance law practitioners by Euromoney Expert Guides and solely from Kuwait for the year 2015. The winning list includes 37 legal practitioners in 5 winning countries which are the United Kingdom, Kuwait, U.A.E., Malaysia and Hong-Kong.

Nomination and selection by Euromoney Expert Guides is based on a research process and peer vote methodology over 4,000 questionnaires to senior practitioners involved in each practice area in over 70 jurisdictions, asking them to nominate leading practitioners based on their quality work and reputation. The results are analyzed and screened for firm, network, and alliance bias and discussed and refined with advisers in legal centers around the world.

Commenting on his recognition, Hossam Abdullah said: “I am delighted to have been granted this significant and unique achievement by Euromoney which brought Kuwait into the short list of 5 jurisdictions hosting best of the best Islamic finance legal advisors despite competition of nominees from more than 70 jurisdictions. This award is an absolute testament to our legal team at ASAR and an indicative of the Kuwaiti active and progressing business environment inspired by H. H. the Amir’s wish. This success is dedicated to H.H. the Amir of Kuwait as a humble contribution toward achieving such wish.”

ASAR thanks its local, Arab and international clients of banks, investment and financial institutions as well as legal centres around the world for supporting such selection. This recognition mirrors ASAR’s commitment in retaining and developing the best practitioners that provide an exceptional level of legal advice to an extensive range of local as well as international clients and reflects Kuwait deserved position in the international arena.

Hossam Abdullah advises a wide range of clients that include Islamic and conventional banks, investment companies, and international companies doing business in Kuwait and throughout the GCC, and has overseen a number of multi-billion (US) Dollar transactions. He has more than 23 years of extensive legal experience in corporate, banking and finance sectors, with a particular focus on structuring transactions and managing conventional as well as Islamic finance transactions, debt and equity, capital markets, investment funds and mergers and acquisitions. Hossam Abdullah also enjoys an in-depth knowledge of Shari’ah principles and has worked across leading Islamic and conventional transactions in Kuwait, the GCC, Europe and the United States.

It is worth mentioning that Euromoney is the world’s leading source of best business lawyers worldwide with 20 years history and covering a broad range of practice specialties in over 70 jurisdictions.

With dedicated offices in Kuwait and Bahrain coupled with its associated offices and relationships, ASAR provides clients across an extensive range of industry sectors with comprehensive legal advice and support for their business activities in Kuwait, across the GCC and beyond.

The firm has been consistently rated as the leading corporate and commercial law firm in Kuwait by reputable legal guides such as the Chambers Global Guide, International Financial Law Review and Legal 500. In their annual law firm Global Guide for 2015, Chambers & Partners have for six consecutive years ending with 2014, ranked ASAR as Kuwait’s tier 1 law firm for business law. In 2014  ASAR was awarded ‘National Law firm of the Year’ by the International Financial Law Review (IFLR), the market-leading guide for financial law firms worldwide.