As a diverse corporate practice, Hammad & Al-Mehdar offers expertise in 10 different areas of Saudi Law and global laws and regulations.

EXPERTISE

Fintech and Islamic Banking

Many financial institutions in Saudi Arabia follow Islamic banking principles, adhering to sharia law. Islamic finance specifically defines permissible investments.

Thus, Islamic banking prohibits business activities that are legal in other jurisdictions like:

  1. Charging Interest
  2. Paying Interest
  3. Investments in Gambling Activities
  4. Investments in Forbidden Commodities such as Pork or Alcohol

Plus, sharia-compliant finance discourages contracts with excessive risk.

To implement fintech solutions within sharia, the attorneys Hammad & Al-Mehdar can guide you through the concepts and limitations in depth.

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WINNER – MANAGING PARTNER OF THE YEAR 2020

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HONOURABLE MENTION FOR REGIONAL LAW FIRM OF THE YEAR 2019

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HIGHLY REGARDED FOR REGIONAL LAW FIRM OF THE YEAR 2019

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GAR100 SELECTED FIRM 2019

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SHORTLISTED FOR REGIONAL LAW FIRM OF THE YEAR 2018

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KEY CONTACTS

Dr. Adli Hammad

Corporate and Islamic Finance Founding Partner
adli.hammad@hmco.com.sa

Abdulrahman Hammad

M&A and Projects
Partner
abdulrahman.hammad@hmco.com.sa

Careers

Whether you’re looking for an internship, graduate opportunities, or a job opening, at Hammad & Al-Mehdar you will be trained and mentored by the best people in the industry.