Insurance and Compensation
Extensive experience with insurers, insured parties, and claimants, protecting clients’ rights through precise understanding of policy terms and judicial precedents.
Specialized Sectors
Banking and Finance
The financial sector represents one of the fundamental pillars of the economy, characterized by stringent and evolving legislation that requires specialized understanding and deep familiarity with local and international banking and financing transactions. At Baqi, Al Balushi & Co Advocates & Legal Consultants, we possess precise legal expertise regarding the regulatory framework governing banks, finance companies, and both Islamic and conventional banking activities.
Our legal team works closely with financial institutions to provide comprehensive legal solutions that uphold the highest levels of compliance and carefully manage risks without impeding business objectives.
Services
Scope of services
Our scope of services in this sector includes, but is not limited to:
- Drafting, preparing, and reviewing financing agreements and banking guarantees.
- Advisory services related to syndicated loans, letters of credit, and letters of guarantee.
- Representing banks and finance companies before the judiciary in cases of default and disputes with clients.
- Providing counsel on Islamic finance (Murabaha, Ijarah, Mudarabah, Istisna’a).
- Ensuring compliance with banking regulations issued by the Central Bank of Oman and the Capital Market Authority.
- Reviewing new financing products from a legal perspective.
- Legal support in restructuring and refinancing operations.
- Representing clients in disputes related to cheques, banking collections, and judicial orders.
Related sectors
Construction and Contracting
Comprehensive support for contractors, owners, and developers across FIDIC and government contracts, from negotiation to execution to liquidation or arbitration.
Oil, Gas and Energy
A deep understanding of the energy sector’s regulatory environment, representing parties across the value chain and supporting renewable energy projects.
