Islamic Finance News Names Qatar Islamic Bank’s UUBO-Advised $500 Million Murabaha Financing IFN Nigeria Deal Of The Year 2025 And The IFN Cross Border Deal Of The Year
Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices.
We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.
Islamic Finance News (IFN) has named Qatar Islamic Bank’s $500 million Murabaha financing provided to Shoreline Natural Resources Limited as the IFN Nigeria Deal of the Year 2025...
Nigeria
Islamic Finance News (IFN) has named Qatar Islamic Bank's
$500 million Murabaha financing provided to Shoreline Natural
Resources Limited as the IFN Nigeria Deal of the Year 2025 and the
IFN Cross Border Deal of the Year. The transaction has also been
shortlisted for the IFN Overall Deal of the Year 2025 Award.
Udo Udoma & Belo-Osagie is pleased to have advised Qatar
Islamic Bank on this benchmark Shari'ah-compliant financing,
tailored to the regulatory, commercial, and operational realities
of Nigeria's upstream oil and gas sector.
The landmark transaction combined Islamic finance, project
finance, restructuring, and petroleum regulatory expertise to
support the sustainable operation and refinancing of strategic
Nigerian oil and gas assets.
The UUBO deal team was led by Adeola Sunmola, Islamic finance
specialist and Partner in the Project Finance, Energy &
Infrastructure, Banking & Finance, and Compliance &
Investigations practice groups, with valuable support from Senior
Associate Abolanle Ayoola.
Specialist petroleum regulatory expertise was provided by our
Oil & Gas team, led by Folake Elias-Adebowale, team head and
Partner in our M&A, Private Equity, and Compliance &
Investigations practice groups, alongside Noble Chinwendu.
Visit www.uubo.org for more information about our practice area
offerings.
Contributor
Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices.
We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.
