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Home > Lawyers
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Hiba Allam
Hiba Allam
Experience | Education | Recognition | Publications
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Biography
Hiba's practice focuses on all aspects of conventional and Shari'a-compliant, international business transactions, mergers and acquisitions, funds and private equity. She recently spent nine months on secondment at an international financial services provider where she served as sole legal counsel for six geographic markets. Hiba was responsible for all internal legal matters including drafting cooperation and distribution agreements relating to life Takaful products; negotiating agreements with distributors and Takaful operators; reviewing and amending general terms and conditions and ancillary documentations relating to Takaful policies and products; advising on the structuring of Takaful products; ensuring regulatory compliance of the Takaful products; leading legal due diligence on the Takaful services and investment management agreements entered into by the company; and liaising and coordinating with external counsel.
Hiba holds a PhD in Islamic Insurance and has advised clients on numerous Islamic insurance and re-insurance matters. Islamic Finance News named Hiba as a leading lawyer in five categories including Takaful and Re-Takaful in 2011. Prior to joining V&E, Hiba was an associate in the Dubai office of a major international law firm. She has also practiced in London.
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Representative Experience
Islamic Insurance and Re-Insurance View All
- Advising on the structuring of an innovative group takaful product targeting the Saudi market
- Advising a leading international financial services group on the development and structuring of innovative Takaful products, including advising on the general terms and conditions of life Takaful policies
- Successfully assisting a leading international financial services group with the registration in the DIFC of a branch of one of its German entities focusing on takaful services
Funds/Private Equity View All
- Assisting a major regional real estate developer in successfully setting up a US$500 million parallel fund (comprised of a conventional fund and a parallel Islamic fund) to invest in a mix-use real estate development in Egypt
- Assisting a leading corporate finance advisory firm with the structuring and documentation of an innovative real estate investment fund and related retail offering in Saudi Arabia
- Advising an international retail financial services group in the structuring and documentation of a Shari’a-compliant fund investing in distressed real estate assets
Mergers & Acquisitions View All
- Assisting a leading corporate finance advisory and private equity firm in acquiring a controlling stake in a leading Jordanian air carrier
- Advising a Jordanian group of investors on a US$150 million acquisition involving a technology company in Jordan
- Advising a Saudi telecommunication operator on a €250 million acquisition of a major telecommunication operator in Africa
Prior results do not guarantee a similar outcome.
Education and Professional Background
Sorbonne University, PhD in Islamic Insurance, 2003
Sorbonne University, DEA in Comparative Law with a semester spent at Harvard Law School, 1998
Institut de Droit Compare in Lyon, Master in Comparative Law, 1997
- University of East Anglia, LLM in Common Law, 1996
University of Lyon III, Maitrise in Civil Law, 1996
University of Lyon III, Maitrise in Business Law, 1995
Admitted to practice: Solicitor, Supreme Court of England and Wales, 2006
Other languages: French and Arabic
Professional Recognition
- Islamic Finance News: Leading lawyer in the IFN 2011 Leading Lawyer Poll in Asset and Fund Management; Banking and Capital Markets; Corporate and Commercial; Private Equity; and Takaful and Re-Takaful
- Leading Lawyer for Shari’a Investment Funds and Takaful / re-Takaful work by Islamic Finance News for 2010
Publications and Presentations
View All
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).
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Full Biography
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P.O. Box 504945 Emirates Towers Offices, Floor 10 Sheikh Zayed Road Dubai, United Arab Emirates
Tel +971.4.403.6207
Fax +971.4.330.1300
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