 |
|
 |
|
|
|
|
|
Home > Lawyers
>
Ayman H. A. Khaleq
Ayman H. A. Khaleq
Experience | Education | Recognition | Activities | Publications
|
|
 |
|
|
|
Biography
Ayman's practice focuses on structured finance and debt capital markets transactions with a particular emphasis on the structuring and documentation of Islamic finance and investment products (including Sukuk offerings backed by pools of global assets). In addition, he advises clients on private equity transactions in the Middle East as well as on the formation of innovative Shari'a-compliant infrastructure, private equity, and real estate funds and structured products. Ayman has been advising foreign investors on doing business in the Middle East for more than 14 years and has significant experience across a number of industry sectors, including infrastructure, telecommunications, media, technology, and energy.
Ayman is regularly recognized among the best Islamic finance lawyers in the world by leading industry and legal publications such as Chambers Global and Euromoney and was recently named a Leading Lawyer in six categories by Islamic Finance News. He is a regular speaker at international conferences and is currently teaching a course on Transactional Islamic Law at The George Washington University Law School in Washington, DC. Ayman currently serves as the Managing Partner of V&E's Middle East offices.
|
Representative Experience
Structured, Corporate, and Project Finance View All
- Represented Liquidity Management Centre, as lead arrangers, on a $140 million Shari’a-compliant aircraft sale and lease-back arrangement for Bahrain Mumtalakat Holding Co.; proceeds of the facility utilized to fund the operation of Gulf Air
- Represented Merrill Lynch and BSEC – BEMO Securitization SAL, as lead arrangers, on a $165.67 million sukuk for East Cameron Partners, an independent oil and gas exploration and production company in Texas. The sukuk are backed by Gulf of Mexico assets, including an overriding royalty interest. Named the 2006 “Most Innovative Islamic Finance Deal of the Year,” Euromoney, “Best Structured Finance Deal of the Year” and “Best USA Deal of the Year,” Islamic Finance News
- Represented Liquidity Management Centre and Emirates Islamic Bank, as lead arrangers, on a $100 million sukuk offering for Thani Group, a UAE-based investment company. Named the 2007 “Best Structure by a Private Corporate Issuer," International Financial Law Review
Capital Markets View All
- Advised on the structuring, documentation, and listing of a number of Islamic debt capital market (Sukuk) instruments (See "Structured, Corporate, and Project Finance")
- Represented Unicorn Investment Bank on the acquisition of 16,800,000 of common shares of Al Tajamouat for Touristic Projects Plc. (Al Tajamouat), a Jordanian company listed on the Amman Stock Exchange, and on the private placement of shares to increase the capital of the company
- Represented the underwriters and managers in connection with the issue by Aluminium Bahrain B.S.C. (c) of US$200 million of floating rate bonds
Fund Formation View All
- Represented Al-Futtaim Capital (part of the Al-Futtaim Group) in connection with the structuring and documentation of Al-Futtaim MENA Real Estate Development Fund and Al-Futtaim MENA Real Estate Shari'a Development Fund. The two Funds (combined) had a first closing at AED1.84 billion (US$500 million)
- Represented NBK Capital and GSC Corporation in connection with the structuring and documentation of NBK Capital - GSC Mezzanine Fund I, L.P. a US$200 million MENA mezzanine fund
- Represented Pramerica Real Estate Investors GmbH (a subsidiary of Prudential Real Estate Investors) in connection with the structuring and documentation of a Shari’a-compliant structure for investments in real estate securities in South East Asia
Mergers and Acquisitions and Corporate Matters View All
- Represented a major U.S. telecommunications company on its proposed acquisition of one of the largest Middle Eastern telcoms
- Represented a holding company, based in the Dubai International Financial Centre, in connection with a capital increase, by way of share swap arrangements, in the amount of US$128.5 million
- Represented Unicorn Investment Bank on its acquisition of a 75 percent equity stake, including 100 percent of Class A (Management) shares, in Inter Yatirim, a brokerage and asset management company based in Turkey
Prior results do not guarantee a similar outcome.
Education and Professional Background
- George Washington University Law School, LL.M. cum laude, 1994
- University of Jordan Faculty of Law, LL.B. highest honors, 1993
- Admitted to practice: Jordan, 1996; New York State, 2004; Registered Foreign Lawyer: Law Society of England and Wales, 2007
- Other languages: Fluent in Arabic and English
Professional Recognition
View All
- Islamic Finance News: Leading lawyer in the IFN 2011 Leading Lawyer Poll in Asset and Fund Management; Banking and Capital Markets; Corporate and Commercial; Energy and Natural Resources; Project and Infrastructure Finance; and Takaful and Re-Takaful
- The Best Lawyers in America® in finance law, 2011
- "The Legal List," featured in MENA FM's The 2010 MENA Fund Manager Power 40
Activities and Affiliations
- Member: George Washington Center for Law, Economics & Finance (C-LEAF) Board of Advisors, 2010
- Member: Islamic Finance News panel of experts, 2009
Publications and Presentations
View All
"Growth in fund domiciles in the Gulf region and creating Islamic-compliant investment funds and products" and "Shari’a compliant financing – structures, trends and challenges," a panel presenter during the International Bar Association Annual Conference 2011, Dubai, October 31 and November 1, 2011
"Risk Management, Regulatory Issues, Default, and Insolvency — From the Perspective of Islamic Investment and Wealth Managers," Global Islamic Finance Forum 2010, October 27, 2010
Solicitors and Registered Foreign Lawyers. A list of partner names is available for inspection at CityPoint, One Ropemaker Street, London EC2Y 9UE. Vinson & Elkins RLLP is a limited liability partnership formed under the laws of New York authorised and regulated by the Solicitors Regulation Authority (No. 0079019).
<< Back to Top
|
|
 |
|
|
|
|
|
|
|
Full Biography
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
P.O. Box 504945 Emirates Towers Offices, Floor 10 Sheikh Zayed Road Dubai, United Arab Emirates
Tel +971.4.403.6216
Fax +971.4.330.1300
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |