Banking & Finance
Global Guide 2024 : Saudi Arabia
Band 1
Contact number
+966 11 461 8700Chambers Review
Centred in Riyadh, independent law firm Khoshaim & Associates is a long-standing player in Saudi Arabia, and its finance group advises on the full gamut of Shari'a-compliant and conventional banking mandates. The firm has an extensive client list comprising top Saudi banks and other well-known global financial institutions in addition to major state-owned entities. The team is often tasked with overseeing project financing, refinancing and banking regulatory matters. Within the latter sphere, the firm also offers a wealth of knowledge in fintech and cryptocurrency.
Work Highlights
- Khoshaim & Associates acted for the lenders, represented by Arab National Bank, on the increase of an existing secured term murabaha being provided to Zain KSA, to an aggregate amount of SAR2.8 billion.
Strengths
Provided by Chambers
"It is a very sophisticated law firm with brilliant lawyers who are always eager to provide the necessary support."
"It is a very sophisticated law firm with brilliant lawyers who are always eager to provide the necessary support."
Notable Practitioners
Karim Wali is widely commended for his lending and restructuring work, acting for major Saudi banks and government entities. Project finance is another major facet of his practice.
"Karim is an extremely dedicated lawyer who is highly service-oriented."
"I just think he's great - very easy to deal with. He's practical, sensible, commercial and efficient."
"Karim is a very good banking lawyer."