Sakshi Puri

Committed to a Sustainable Future

As a firm we have a strong commitment to our corporate sustainability principles, and this year we joined the United Nations Global Compact, an initiative dedicated to promoting responsible business practices and advancing the United Nations Sustainable Development Goals (SDGs). Our goals include Education, gender equality, climate action, justice for all, and sustainable partnerships. You can learn about our actions plans and targets, here.

In this edition, we feature an entire section dedicated to COP28 where we share insights and intelligence through conversations we have had with leading experts from across the region. This includes articles and podcasts that delve into the most pertinent topics, such as COP28’s call to action for corporates, ESG reporting, and the UAE’s Net Zero vision.

Beyond the focus on Energy and Climate we feature articles covering important updates that look into a variety of areas, such as UAE consumer protection law, an overview of the Federal Civil Family Law for Non-Muslim Foreigners in the UAE, and from Kuwait we discuss the management of companies. As always, in our final section we continue to share with you real life judgements that provide context to the legal landscape in the region.

Read the full edition

The leading law firm in the Middle East & North Africa region.

Sakshi Puri

Partner

Biography

Sakshi Puri is a Partner in the Banking and Finance practice in Dubai and Muscat. Sakshi is also a member of the Education group.

Sakshi Puri is solicitor qualified in England & Wales and an advocate admitted in India. She has joined Al Tamimi in January, 2011 and since has been primarily involved with syndicated lending transactions for asset finance, acquisition finance and project finance (using conventional and Islamic structures), in addition to bilateral lending, trade finance transactions for Indian Banks and restructuring and refinancing transactions. She has developed expertise in Islamic Finance and has been involved in complex Islamic Finance transactions.

Sakshi has been named as a Next Generation Lawyer for Islamic Finance (UAE) by Legal 500.

Recent Experience

Acting for a syndicate of banks lead by Mashreqbank and Dubai Islamic Bank in relation to AED 1.2 billion Islamic (Istina and Forward Ijara) financing for construction of sixteen residential projects in Dubai by the leading local group of UAE.
Acting for a syndicate of banks lead by National Bank of Fujairah and Mashreqbank in relation to AED 560,000,000 financing for construction and development of new hospitals and expansion of existing hospitals in Abu Dhabi by a leading healthcare company in Abu Dhabi.
Acting for a syndicate of banks (Islamic & Conventional) lead by National Bank of Fujairah in relation to the AED 350,000,000 financing for the development of petrochemical/petroleum handling and processing terminal in Hamriyah Free zone which included a tranche of Islamic finance in the nature of an Istisna Forward Ijara transaction.
Acting for a syndicate of banks lead by National Bank of Fujairah and including Mashreqbank. Axis Bank Limited, Commercial Bank of Dubai and Habib Bank Limited in relation to AED 300 million financing for expansion of Malabar Jewellery Group in UAE, Oman, Qatar and Singapore.
Acting for the borrower in respect of USD 263 million and AED 870 million refinancing of existing facilities from a syndicate of conventional and Islamic banks lead by Mashreqbank, provided to group based in Ras Al Khaimah.
Acting for a syndicate of banks (Islamic & Conventional) lead by National Bank of Fujairah and including United Arab Bank and Al Hilal Bank in relation to AED 260 million financing for expansion of hospital in Abu Dhabi by Universal Hospitals, Abu Dhabi which included a tranche of Islamic finance in the nature of an Ijarah.