Ahmed & Qazi is pleased to announce that, acting for the National Credit Guarantee Company Limited (NCGCL), we have successfully developed the country's first ever shariah compliant credit guarantee that has been approved by the Securities and Exchange Commission of Pakistan.Under this first-of-a-kind risk-sharing product, participating institutions contribute...
In Pakistan, such a financing sits at the centre of the economy, touching food security, farmer payments, public procurement, strategic reserves and a sector that contributes more than 20% of national GDP and employs roughly one-third of the country’s workforce, with wheat alone contributing almost 2% of the GDP. Against this...
Ahmed & Qazi is delighted to have acted as exclusive Pakistan legal counsel in connection with the US$250 million debut Panda Bond issuance by the Ministry of Finance, Government of Pakistan in the Chinese onshore capital markets.As Pakistan’s first-ever entry into China’s capital markets, the RMB 1.75 billion issuance...
Ahmed & Qazi is pleased to announce that it has successfully acted as legal counsel in the establishment of the Pakistan REIT Association, the first and only association to represent the REIT industry in Pakistan.A&Q represented over half of all RMCs in Pakistan in this engagement.After over a year...
Ahmed & Qazi advised the lead arranger, the initial sukuk investors, the investment agent and the guarantor on the successful closing of the Infralectric Green Sukuk Programme.The team advising the lead arranger, the sukuk investors and the investment agent was led by Altan Ahmed, while the guarantor,
We advised the participating Islamic banks on Pakistan’s first Sovereign Hybrid Sukuk, raising PKR 109 billion, and establishing a new benchmark for scale and structuring sophistication in the domestic Islamic capital markets.In contrast to routine, short-tenor issuances, the transaction introduces a hybrid sovereign sukuk framework designed to accommodate greater flexibility...
Ahmed & Qazi acted as legal counsel for the lenders in a PKR 8.5 billion syndicated musharaka facility to the Pakistan Telecommunication Company Limited.This deal has been awarded the global Musharakah Deal of the Year 2025 by Islamic Finance News.This transaction further highlights Pakistan's emerging position in...
Ahmed & Qazi is pleased to announce that, after several months of effort and in collaboration with KPMGジャパン／KPMG Japan and KPMG In Pakistan, we have successfully acted as lead counsel to Yamaha Motor Co., Ltd. Japan and Yamaha Motor Pakistan (Pvt) Ltd. in the discontinuation...
Ahmed & Qazi is pleased to announce that it is acting as legal counsel in the initial public offering of Signature Residency REIT on the Pakistan Stock Exchange.Signature Residency REIT is a shariah compliant, developmental REIT scheme launched by Arif Habib Dolmen REIT Management Limited, with the...
Ahmed & Qazi is pleased to announce that the 𝐭𝐨𝐭𝐚𝐥 𝐑𝐄𝐈𝐓 𝐦𝐚𝐧𝐝𝐚𝐭𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐟𝐢𝐫𝐦 𝐡𝐚𝐯𝐞 𝐧𝐨𝐰 𝐞𝐱𝐜𝐞𝐞𝐝𝐞𝐝 𝟒𝟎, marking a significant milestone in the evolution of Pakistan’s REIT and real estate investment landscape.A&Q now holds over 40% market share of all registered REITs (as per the SECP’s...