The Islamic Finance, Business, and Litigation Blog is maintained by the Ice Miller LLP Islamic Finance, Business, and Litigation Practice. 

The Islamic finance industry is expected to swell to a multi-trillion dollar boom in the next decade. According to Standard and Poor’s, assets of the top 500 Islamic Banks expanded to $822 billion in 2009, up from $639 billion in 2009. Ice Miller’s Islamic Finance, Business and Litigation Practice is the first and only firm in Indianapolis and Indiana with a comprehensive Islamic Finance, Business and Litigation practice that combines the experiences of Ice Miller attorneys in different offices and practice groups to address the new legal challenges posed by Islamic or Shariah compliant transactions, business practices and disputes. Ice Miller is also the founder of the Islamic Finance, Business and Litigation Blog, devoted to Islamic finance and Shariah-compliance industry.

Ice Miller has been involved with approximately $1 billion of Shariah-compliant financing. Ice Miller’s attorneys have co-counseled borrowers on multiple Islamic financing transactions with lenders such as ING, Bank of America, Bank of China and PB Capital. Ice Miller has also been counsel to Shariah-compliant real estate investment funds in numerous acquisitions and leasing throughout the U.S.

Generally, Ice Miller has been involved in sophisticated transactions of all sizes, including private equity transactions, mergers, acquisitions, finance development, joint ventures, international joint ventures, divestitures, mezzanine and permanent financing, strategic alliances, commercial financings, monetizing non-performing assets, corporate governance, and internal investigations. Ice Miller’s attorneys have experience with all forms of real estate transactions, including development activities, purchases and sales, leasing, sale/leasebacks, joint ventures, condominium projects, construction financing, permanent financing, conduit financing, mezzanine financing, workouts, and others. Internationally, Ice Miller provides a complete range of legal services to clients involved in international transactions, including export consultation, export licensing, immigration/international employment, international antitrust, dispute resolution, tax investment, and other issues, as well as U.S. customs law, and others.

For medium- and small-business clients, Ice Miller also has experience with the traditional Islamic financial instruments and transactional models of murabaha, musharaka, ijara, sukuk, mudarabah, salam, istisna, which are typically used for Shariah-compliant entity formation, partnerships, joint ventures, leases, manufacturing agreements, purchase agreements, bonds and other transactional matters.

Ice Miller’s Islamic Finance, Business and Litigation practice does not end at experience with transactional matters. Rather, Ice Miller’s comprehensive practice offers Shariah-compliant litigation services, general risk management, litigation avoidance, and other litigation support and assistance resolving business, transactional, or other disputes. Ice Miller has been a contributor to the American Bar Association’s Business Litigation Committee’s flagship publication on the topic of Islamic Business Transactions, and the first presenter to the American Bar Associations’ Tort, Trial and Insurance Practice Section on the topic of litigation challenges posed by takaful.

For individuals, Ice Miller’s Islamic Finance, Business and Litigation practice offers Shariah-compliant tax-planning, trust-planning, estate-planning and other related personal services. Ice Miller also has experience with personal, family and marital contractual matters involving nikah, talaq, and mahr.

Founded in 1910, Ice Miller has served clients in 25 countries, including the United Arab Emirates, Saudi Arabia and India. Ice Miller has been recognized among the national and local legal community for efforts in promoting diversity. In 2006, Ice Miller was ranked in the top third of the top 100 law firms in the country for diversity.

For further information, comments, or questions, please contact info@islamic-finance-blog.com.