Allen & Overy's Global Islamic Finance Group received eight awards at the Islamic Finance News (IFN) Awards ceremony on February 24, 2013.
Allen & Overy won "Deal of the Year" in four different categories, including "Deal of the Year" and "Saudi Arabia Deal of the Year" for the GACA sukuk as well as "Cross Border Deal of the Year" for the Axiata sukuk issuance programme and "Corporate Finance Deal of the Year" for the Majid Al Futtaim Properties sukuk.
Most pleasingly, the firm also won the prestigious award of the night for "Best Overall Law Firm" for the second year running, displaying Allen & Overy's continued recognition as the market leader in Islamic finance. The full list of IFN Awards which Allen & Overy received are set out below.
Best Overall Law Firm
Best Law Firm – Asset and Fund Management
Best Law Firm – Banking and Capital Markets
Best Law Firm – Takaful and re-Takaful
Deal of the Year – GACA sukuk
Cross Border Deal of the Year – Axiata USD1.5bn multi-currency sukuk issuance programme
Corporate Finance Deal of the Year – Majid Al Futtaim Properties USD400m sukuk
Saudi Arabia Deal of the Year – GACA sukuk
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