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Islamic Finance News names Hiba as a 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
 
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Hiba Allam

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Allam, Hiba

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.


Representative Experience
Islamic Insurance and Re-Insurance
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  • 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
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  • 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
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  • 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
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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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Hiba Allam
Associate
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
hallam@velaw.com

Industries/Practices
Structured Finance

Private Equity

Mergers and Acquisitions

Middle East and North Africa

London/Europe


Islamic Finance News names Hiba as a 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