IFN is the world’s leading Islamic finance news provider. The annual global awards recognises the world’s leading law firms in the Islamic finance space.
Madison Marcus received an honourable mention by IFN in the Banking category. Madison Marcus were the only Australian law firm to receive an honourable mention for Islamic finance work carried out in Australia. The firm was singled out for its work relating to deals involving Tawarruq, with the editors of IFN noting that Madison Marcus “flies high” in Australia.
Tawarruq is a financing by way of a deferred payment commodity trade. Madison Marcus has assisted a major Sydney property development company finance major developments in Wentworth Point and Rockdale using Tawarruq. The firm regularly acts for a range of borrowers and lenders, both in Australia and internationally, on Shariah compliant financings.
This is the latest in a string of recent recognition for the firm’s Banking and Finance team. Earlier in 2017, Madison Marcus’ Banking and Finance team were recognised by the Lawyers Weekly Australian Law Awards when the team was named a finalist in the Banking and Finance team of the Year category.
The banking and finance division at Madison Marcus is led by Partner, Christopher Aylward. Chris is an experienced Banking and finance lawyer and has been involved in a wide range of ground-breaking transactions. He has led many of the world’s largest project financing, innovative Islamic financing transactions and banking and securities regulatory matters for leading investment banks. To learn more about Chris, you can view his profile here or contact him by email: email@example.com
Madison Marcus Law Firm produced this article. It is intended to provide general information in summary form on legal topics, current at the time of first publication. The contents do not constitute legal advice and should not be relied upon as such. Formal legal advice should be sought in particular matters.