01/05/2012 21:42 AST

Baker & McKenzie has advised Banque Saudi Fransi (BSF) in relation to the establishment and listing of its debut $2 billion Sukuk programme – the first sukuk programme to be established by a Saudi bank which was listed on the London Stock Exchange.

Karim Nassar, Partner based in the law firm’s Gulf offices, said, "Having assisted BSF previously on the establishment of its EMTN programme, we are very pleased to have once again worked with BSF on the establishment of its first Sukuk programme."

London-based partner, Simon Porter, said, "We are delighted to have assisted BSF on its first ever Sukuk listing and look forward to working with them again in the future."

The Baker & McKenzie team was jointly led by partners, Karim Nassar, Bilal Kahlon and Simon Porter with the assistance of associates Umera Ali, Alexander Dresch and Omar Al Ansari.


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