Ashurst‘s London office leverages its global network, particularly its practitioners in Dubai and Riyadh, to advise clients on structured transactions involving Sukuk, Shariah-compliant investment funds and Shariah-compliant hedging. Conor Funston heads up the London team and is experienced in advising governments, state-owned entities, central banks, government regulators and Islamic and conventional banks. Funston recently advised Ittihad International Investment LLC on their USD 100 million Shariah-compliant Sukuk issuance listed on the International Stock Exchange. Funston regularly draws on the office’s broader strengths across project finance, derivatives and capital markets.

Praised for its ‘technical proficiency and commercial insight’, Foot Anstey is reputed for its expertise in real estate finance and investment. Beyond real estate, the firm is increasingly involved in offshore listed private placement sukuks and Islamic funding lines for a range of structures, including bridge financing, home financing, and litigation funding.  The team’s deep bench of specialists is led by Imam Qazi, who is singled out for his ‘sharp legal acumen and forward-thinking perspective’. Alongside Qazi’s broad transactional workload, he advises banks in launching and improving Islamic finance products. Zahir Nayani is a standout in the team and is well-versed in structuring and drafting Shariah-compliant credit lines. Alan Hughes is a go-to for regulatory advice, while Lingxi Wang supports on matters involving the acquisition, financing and disposal of real estate assets. Kate Heard, Ayah Snober and Aziz Deen, who handle transactions involving both commercial and residential assets, are other notable individuals.

Milbank has a proven track record in advising banks on complex sukuk issuances and high-value refinancing and restructuring mandates. The team is a go-to for lenders on cross-border instructions, with Shariah-compliant debt sitting alongside conventional funding. John Dewar and Munib Hussain co-lead the practice. Dewar is highly regarded for his in-depth knowledge on developing new structures, while Hussain handles transactions involving a range of facilities, from Murabaha to Wakala.

Drawing on the firm’s wider strengths in project finance, energy, financial institutions and transport, Norton Rose Fulbright Islamic finance distinguishes itself through its impressive capability in facilitating transactions across a range of sectors using Shariah-compliant structures.  The firm’s EMEA Chair, Farmida Bi, oversees the team, which leverages its global network, including its Dubai office. Derivatives and structured finance lawyer Yusuf Battiwala excels in capital markets work and is the key contact for Islamic derivatives, repos and hedging aspects of Islamic financing. Carla Akuamoah Antelo regularly supports Battiwala on the full gamut of Islamic structured products.

Shakespeare Martineau LLP‘s Islamic finance practice is split between its offices in Birmingham and London. Together, they advise clients in the commercial and residential property finance sector. The practice regularly acts for UK-based Islamic banks but also has a notable clientele of Middle Eastern banks and sponsors. Practice head Mohammed Saqub also leads the real estate team and is a key authority on commercial property investment, handling the full spectrum of Islamic finance facility documents. Both Andrew Stevens and Afreen Mehdi Cole support the team on the full spectrum of facilities. Fatema Miah is highlighted for her deep expertise on the property aspects of Islamic finance transactions. The bench grew in March 2025 with the addition of Habib Ullah.

Trowers & Hamlins LLP‘s London office leverages its global network, including offices in Manchester, Oman, and Singapore, to advise on Shariah-compliant real estate investments. Simon Valner leads the department and co-led the conversion of Ahli United Bank (UK) (now KFH UK) from a conventional to an Islamic bank. Helen Fysh acts for both lenders and borrowers, including several asset managers, on a breadth of real estate finance transactions using Shariah-compliant structures. Katharine Lewis is also noted.

Druces LLP is well-versed in Sukuk issuances and Shariah capital markets transactions. The team is relied on by a diverse clientele, comprising banks, financial institutions, family offices, and high-net-worth investors. Leadership is split between Antony Cotton, Chris Axford and Suzanne Middleton-Lindsley. Cotton regularly advises sukuk issuers on Shariah-compliant finance structures, while Axford is particularly noted for his cross-border expertise, spanning the UK and the Middle East. Middleton-Lindsley is well-positioned to advise on Islamic finance real estate matters. Afsor Ullah, who joined from Hill Dickinson in November 2024, is recognised for his expertise in acting for Middle Eastern investors.

Keystone Law‘s Islamic finance offering is geared to advising institutional investors, banks, investment managers and funds on a broad range of Sharia-compliant transactions. Fara Mohammad is core to this work and is well-known for her deep knowledge of Islamic finance products. Mohammad is frequently instructed by clients in Asia and the Middle East investing into the UK.