The Legal team is responsible for establishing the Bank's legal policies and practices to ensure that Al Salam Bank is protected against legal risks, both from an operational and transactional perspective, wherever it operates.
The maintenance of the highest levels of compliance is critical in ensuring that the Bank is run in accordance with international best practices with respect to legal risk mitigation, and compliance with all laws and regulations applicable to the Bank in the different jurisdictions in which it operates.
The skills base of the Legal team includes a strong business advisory capability, which is leveraged to support the Bank's strategic organic and inorganic growth aspirations.
The team assists in the management of acquired companies to add further value to post-acquisition activities, in order to differentiate the Bank from its competitors.
Product Structuring and Development
The Legal Team also works with the Shari'a department and business groups to create innovative Islamic finance solutions and products for the Bank's clients.
The provision of cutting-edge, innovative Shari'a compliant structures is a crucial element in demonstrating the Bank's technical capabilities as a global Islamic player.