Hussein Azmy is an associate based in Kuwait and has been with the firm since October 2021. Hussein has extensive experience in Islamic finance, capital markets, corporate and commercial matters. Prior to joining ASAR, Hussein practiced for over ten years in Egypt and Oman
Setting-up a Sovereign Wealth Fund
Advised on and assisted with the setting-up of Oman Infrastructure Fund (Rakiza), an Oman-based USD 2 billion sovereign wealth fund.
Advised on a First Global Sovereign Sukuk Issuance
Advised, as local counsel, the Ministry of Finance of Oman on its first issue of global sukuk, valued at USD 520 million.
Advised on First Syndicated Ijarah Financing
Advised Abu Dhabi Islamic Bank (Egypt) as Initial Mandated Lead Arranger on the first syndicated Ijarah financing in Egypt, valued at USD 150 million, for the purpose of funding Maridive and Oil Services SAE’s working capital.