Asad Vellani

Asad Vellani is an Associate in the Banking & Finance practice at Al Tamimi & Company, based in Dubai International Financial Centre, focusing on Banking and Finance Law.

He has experience in a variety of banking and finance matters, including Islamic financing and conventional financing, and advisory and regulatory compliance matters. Prior to this, he gained extensive experience across different practice areas, including corporate and commercial, real estate and intellectual property, and has advised companies in industries such as pharmaceutical and energy.

Asad is dual qualified as a Solicitor of the Senior Courts of England and Wales and as an Advocate of the High Court of Sindh, Pakistan. He worked at one of the top firms in Pakistan prior to joining Al Tamimi & Company.

His recent experience includes acting as local lenders counsel to the syndicate of lenders in relation to the development and maintenance of the Oman Etihad Railway Project; acting for a major Kuwaiti bank in relation to an English law interbank facility provided to a large bank in Oman; acting as local counsel for a multinational education group in relation to a large-scale financing provided by a major UAE-based bank; acting as local counsel for a multinational packaging film manufacturer and supplier in relation to a refinancing at group level; acting for a major Bahrain-based bank in relation to a financing provided to an Omani airline; acting as local counsel for a major Indian bank in relation to financing provided to an Omani company for setting up a chemical complex; and acting as local counsel for a major engineering group on the local aspects, including security creation, of a financing.

He also drafted a bespoke collateral and netting opinion for Oman on the FCM model without ISDA for a major international bank; issued a netting and collateral opinion for Oman to a major international bank in relation to an Oman government entity’s entry into ISDA Agreements; advised a major UAE-based bank on security creation and client on-boarding requirements for its Omani branch; reviewed and advised on a margin financing agreement for a major Omani bank; advised various entities, including an online platform and an asset management company, on the legal aspects of marketing funds in Oman; and conducted due diligence from a banking and finance perspective on various companies including a pharmacy and a factory.

He holds a Legal Practice Course (2018) and an LLB (2017) from BPP University. He was admitted as an Advocate in Sindh, Pakistan, in 2020 and as a Solicitor of England & Wales in 2022. He speaks English and Urdu.