Amjad Hussain

Amjad Hussain

K&L Gates LLP

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Latest Publications


A First of its Kind—QFC Judgement Successfully Enforced by the Qatar Central Bank

On 4 August 2016, the Civil and Commercial Court of the Qatar Financial Centre First Instance Court (QFC Court) issued a judgment, which was subsequently enforced by the Qatar Central Bank (QCB), without the need for court...more

12/1/2016 - Banking Sector Financial Institutions Qatar Qatar Financial Centre (QFC) Summary Judgment

Brexit and Islamic Finance

The future exit of the United Kingdom from the European Union is to be one of the most profound political, economic and legal events in the country’s recent history. For those who seek to engage with Islamic Finance and...more

7/12/2016 - EU Islamic-Compliant Member State Referendums UK UK Brexit

Qatar's Strong Start to a Testing Year

Perhaps it is no longer a hidden fact that 2016 will be a difficult year for the Qatari market. With more governmental or quasi-governmental entities announcing reductions or cancellations of projects, staff redundancies and...more

3/21/2016 - Banks Financing Islamic-Compliant Qatar Sharia Law Sukuk

Islamic Finance News 2016 Annual Guide

A volatile year for Islamic finance – the only way is up? Once again the close of the year has come around more quickly than we ever thought possible, and it is time again for our annual review and outlook of the Islamic...more

1/29/2016 - Banking Sector Cross-Border Transactions Family Offices Insurance Industry Mutual Funds Popular Private Equity Risk Management Structured Finance Venture Capital Wealth Management

The IDB assisting private sector growth in Africa

Introduction - The World Bank has estimated that capital investments in infrastructure of US$93 billion per year will be required in sub-Saharan Africa to sustain growth in the region, with only US$40 billion currently...more

12/3/2013 - Africa Economic Development Financing Infrastructure Sharia Law

The Islamic Development Bank Assisting Private Sector Growth in Africa

Over the past decade, six out of the 10 fastest growing economies in the world have been located in Sub-Saharan Africa. With the continent continuing to derive benefit from increased stability and the growth of civil...more

11/5/2013 - Banks Economic Development Foreign Banks Foreign Investment Infrastructure World Bank

Sukuk popularity increasing in Qatar

The appetite for Sukuk in Qatar has been on the rise, with US$3.1 billion raised through eleven issuances of Sukuk in the first half of 2013. The political turmoil in Egypt continues to have an effect on Qatari...more

10/21/2013 - Foreign Banks Middle East

A good first half for Qatar

Despite a highly competitive market with new insurance companies entering the Qatari market through the Qatar Financial Center, Damaan Islamic Insurance Company recorded a profit of QAR28 million (US$7.68 million) for the...more

8/29/2013 - Economic Development Middle East

Awards all around for Qatar’s financial markets

The Qatar Central Bank (QCB) has issued a directive to restrict banks’ total investment portfolios in equities and debt instruments to 25% of capital from the previously allowed 30% each. The recent decision also sets new...more

7/26/2013 - Capital Markets Economic Development Foreign Banks Foreign Investment Middle East

Increasing profits help Qatar prepare for large-scale projects

This report was first published in "Islamic Finance news Volume 10 Issue 19" dated 15.05.13 - Many banks in Qatar are now enjoying strong government support and steady loan growth in their home market. This comfort is...more

5/15/2013 - Banks Economic Development Investors Profits

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