Islamic Finance Loyens & Loeff

Islamic Finance

Islamic Finance Loyens & Loeff

Full-service practiceAs a leading firm, Loyens & Loeff is the natural choice for a legal and tax partner

if you do business in or from the Netherlands, Belgium and Luxembourg, our

home markets. You can count on personal advice from any of our 900 advisers

based in one of our offices in the Benelux or in key financial centres around

the world. Thanks to our full-service practice, specific sector experience and

thorough understanding of the market, our advisers comprehend exactly what

you need.

Independent and internationalAs a fully independent law firm, Loyens & Loeff is excellently positioned to

coordinate international tax and legal matters. We have our own network of

offices in major financial centres, staffed with specialists in Dutch, Belgian

and Luxembourg law. Through these offices, our clients have access to

Loyens & Loeff’s full-service legal expertise in their own time zone. Our

office network is complemented by our several country desks all of which

are experienced in structuring investments all over the world. It’s a winning

combination that enables us to assist international clients in a very effective

way. Moreover, we are on excellent terms with other leading independent law

firms and tax consultants. That way, we can guarantee you top-level advice in

every part of the world

Innovative and pragmaticEach problem requires a customised solution. Our pragmatic approach and

drive to devise innovative solutions allow us to effectively address the demands

of our clients’ domestic and international businesses. Thanks to the broad range

of our legal experience, know-how and the size of our practices, we can offer

you top-level advice, locally and internationally. We are committed to meeting

your needs at the highest quality level in the most efficient way.

Loyens & Loeff

Extensive tax treaty networks

combined with beneficial tax systems

and on-shore status are just some of

the Benelux benefits.

Islamic Finance Loyens & Loeff

Islamic finance is one of the most dynamic fields in today’s global financial

marketplace. Our global Islamic finance team, made up of experienced

attorneys, civil law notaries and tax lawyers, is involved in innovative Islamic

finance structures for cross-border as well as local transactions. Clients include

corporates, financial institutions and investment managers, both from inside

and outside the Benelux (Belgium, the Netherlands and Luxembourg). We have

in-depth and up-to-date knowledge of the relevant legal and tax aspects involved

in setting up Shari’a-compliant structures, and we understand the economics of

Islamic finance transactions.

Islamic Finance Team

Loyens & Loeff won the IFN European Islamic Finance

Deal of the Year Award 2013 and the Ijarah Deal of the

Year Award 2013, for its work on the first ever Sukuk

issuance based on Al-Ijarah (sale and leaseback)

backed by intellectual property rights for FWU.

Islamic Finance Loyens & Loeff

We work closely together with our specialists in, among others, asset finance,

project finance, investment management, securitisation, real estate, energy and

regulatory matters, whether they are working from our main Benelux offices or

from our Dubai, London, New York, Singapore or other international offices.

Moreover, we are in close contact with key market players, as well as regulatory

and tax authorities, to further pave the way for Islamic finance products in the

Benelux market, ranging from complex Sukuk structures to Islamic finance retail

products such as Shari’a-compliant home finance.

The Benelux offers distinct

advantages for Islamic finance,

including a suitable tax and

regulatory environment.

Islamic Finance Loyens & Loeff

Benefits of the Benelux

The Benelux provides significant benefits for Islamic finance transactions:

● Extensive tax treaty networks combined with beneficial tax systems and on-

shore OECD proof status.

● Extensive bilateral investment treaties that are worded in a particularly

favourable way, providing investment protection for global investments

through the Benelux countries.

● The possibility to obtain certainty in advance from the Revenue Service.

● The profit calculation method thanks to which different types of income are

treated the same way from a tax perspective, which allows flexibility when

offsetting various types of income with various types of losses or costs,

thereby reducing the risk of tax leakage.

● A modern, beneficial and efficient regulatory and corporate framework

available throughout the Benelux, which offers flexible vehicles that provide

ample opportunities for structuring Islamic finance transactions.

Islamic Finance Loyens & Loeff

Islamic finance products

We can assist you in setting up a wide variety of Islamic finance products.

Based on our deal experience and market insight we bring innovative structuring

solutions to the table in respect of, amongst other things:

● Sukuk structures involving a wide variety of asset classes

● Structured (asset) finance, including (leveraged) Ijara (leasing) transactions

● Project finance transactions, structured on the basis of Istisn’a

● Islamic investment fund structures, including Mudaraba structures

● Acquisition finance, including based on Murabaha / Tawarruq principles

● Shari’a-compliant retail products, such as home financing and retail funds

● Real estate investments, based on for example Ijara or Musharaka principles

● Private equity investments

● Estate planning

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