Recognised for its extensive experience in Islamic banking, including reviewing and updating Shariah compliant products, the team at Liaquat Merchant Associates provides a broad range of banking and financial legal services. The practice is well-versed in corporate and consumer lending, legal audits of loan portfolios, and e-banking. The group also continues to advise the State Bank of Pakistan, as well as working alongside multilateral institutions on matters such as sovereign lending. Faresa Jafarey Ahsan heads the department and is noted for her wealth of experience in syndicated finance and advising on regulatory practices. Hira Ahmad is another key member, and she is highly regarded for her ability to advise clients launching new offerings.

Spearheaded by Rabel Akhund, the banking and finance team at Akhund Forbes boasts extensive experience is conducting high-value, cross-border transactions, both domestically and across multiple jurisdictions. The group is regularly engaged in advising on sovereign financing and regulatory innovation. Of recent note, it has been expanding its climate finance offering, advising on ESG-linked sovereign facilities, energy transition projects, and sustainability-related risk allocation. Akhund leads the practice and is noted for his work guiding clients on green and sustainable finance alongside advising banks on major energy sector financing. Bilal Awais is another key member of the team and has been handling refinancing mandates the government of Pakistan.

The banking and finance team at Haidermota & Co Advocates provides a comprehensive offering of financial services. The group is well regarded for its ability to handle local and cross-border bilateral deals and syndicated lending, and the firm regularly advises local and international institutions, including banks, multilateral agencies, and overseas private investments corporation. It also supports clients in financial restructuring, regulatory capital instruments, and REITs. Khozem Haidermota is the senior partner and is highly sought after for his extensive experience in debt restructuring. Mohammad Anwer, Zahra Abid, Owais Aziz, Ali Vasi, and Shabbir Harianawala are also key members of the team.

Headed up by Irfan Tayebaly and Vaseeq Khalid, the team at Mohsin Tayebaly & Co excels in complex finance matters, including syndicated and project financing, routinely handling large market transactions. The group boasts extensive experience with Islamic financing, including supporting clients with Shariah compliant bonds; Mikael Rahim is a key contact for these matters. Beyond this, the team is well-placed to provide comprehensive legal advice to local and foreign banking and finance facilities. Mehreen Manto is another key member of the team, noted for her work advising on finance structuring and regulatory approvals.

Advising a range of clients, including banks, multinational corporations, and power project companies, the team at RIAA BARKER GILLETTE is adept at handling financial matters for both lenders and borrowers. The team has extensive experience supporting the financial delivery of projects, advising companies in the mining, transport and infrastructure sectors. Additionally, it provides Shariah Law advice, with a proven track record with Sukuk and Musharakah; team head Bilal Shaukat is a key contact for this area of activity. Shafaq Rehman is noted for her work in advising leading banks, and Ahsan Zahir Rizvi is another key contact in the team.

With a diverse financial and banking offering, the team at Ahmed & Qazi is regularly engaged in the creation and implementation of novel products, having recently worked on the MAGFA framework for the NCGCL. Alongside this, the group is active in project financing, with extensive experience in developmental REIT financing with a particular strength in the energy sector. The group is also adept at handling restructuring mandates. Nazif Ahmed spearheads the team, and he is noted for his ability to manage regulatory sensitivities and distressed assets. Altan Ahmed is another key contact within the team.

Orr, Dignam & Co.'s banking and finance team remains active within the project financing space, with expertise in the energy and aircraft sectors. The group is particularly adept at handling asset finance and export credit transactions, as well as working within conventional and Islamic financing. Recently the group has advised on regulatory requirements for commercial banks and financial institutions regarding foreign exchange and anti-money laundering regulations. Asim Nasim, based in Karachi, co-heads the team with Shahid Raza, who is based inIslamabad. Anjum Tanweer and Maha Ahmed also ably support the team.

The team at Ali & Ali, Barristers and Corporate Consultants specialises in microfinance banks in Pakistan, advising them on banking, policy, and regulation, including collateralizing loan portfolios. Alongside this, the firm offers advice to Impact Investment Funds on debt and equity transactions which have environmental and social impacts. Further clients include tech-startups and global financial companies. Syed Reza Ali and Sardar Mohammad Ali jointly lead the team, and are based in Lahore.

With a focus on Islamic financing, the team at Chima & Ibrahim provides comprehensive banking and finance advice to market leading companies, both internationally and domestically. The group regularly handles syndicated credit matters, alongside advising on microfinancing banking matters. The team is headed by Ali Asim and Khalid Ibrahim.

The team at Cornelius, Lane & Mufti handles the entire spectrum of banking and financing matters, including supporting national banks. It has particular expertise in project financing, aiding clients in the power and energy sectors. Alongside this, the group is adept at handling both conventional and Islamic methods of financing. Salman Butt chairs the department, with almost four decades of experience in corporate law. Munawar Us-Salam and Waleed Khalid are also key names in the department.

Specialising in projects and energy, the practice at Hafeez Pirzada | Farooq, Khan & Mirza - Corporate Counsel | Barristers | Advocates remains busy advising on project financing, with particular expertise in infrastructure and PPP. The group has experience in advising clients on financial regulatory matters, structured finance and Sharia-compliant Islamic financing solutions. Omer Farooq leads the team and is noted for his work in financing PPP projects in the aviation sector and urban development. Waleed Arshad is another notable name at the firm.

The banking and finance group at Kabraji & Talibuddin has experience in syndicated and bilateral debt financing, in both conventional and Islamic financing mandates. The team provides comprehensive financial advice, including supporting clients with structuring transactions, regulatory and compliance frameworks, and investment vehicles. It is well regarded for its work in project and aviation financing. The group is jointly led by Karachi-based Syed Ali Bin Maaz, who is noted for their work in aircraft leasing, and Maheen Faruqui, who has experience in project finance in the private sector.

With extensive expertise in advising banks when borrowers default, as well as advising on a comprehensive range of other matters, the team at Khalid Anwer & Co. offers ‘innovative client solutions’. The team is headed by Raashid Anwer, Mustafa Ali, and Syed Muhammad Ali Mehdi, all of whom boast a wealth of experience in representing banks in front of the high courts of Pakistan.

The team at Nawaz Hussain Sikander is well-versed in multilateral lending arrangements, supporting the development and financing of infrastructure, transport, and energy projects across Pakistan. The group works closely with government agencies and financial institutions, supporting clients in navigating state regulations, foreign exchange controls, and risk management. Imran Nawaz Memon spearheads the practice, where he is noted for his ability to blend Shariah and commercial consideration.

Adnan Aslam Qureshi heads up the practice at Qureshi Law Associates, which remains active advising local and international banks on a comprehensive range of issues, with particular expertise in the power sector. The group also regularly advises on Islamic finance, real estate financing, and project financing. Other areas of expertise include public-private partnerships and rescheduling agreements.

With a wealth of experience in project financing, the team at Vellani & Vellani is well-placed to advise clients on a range of infrastructure sectors, including wind, solar, and coal. The group regularly handles Shariah-compliant structures, such as Sukuk, Musharakah financings, and Takaful deals. Jointly leading the team is Ameen Vellani, Badaruddin F Vellani, Tariq Nasir, and Ferzeen Bhadha.