MAQ Legal is a full-service law firm based in Muscat. The firm has more than 50 years of experience gained in multiple
jurisdictions including the UK,
Pakistan and Oman.
The firm’s practice cuts across banking and finance, debt capital markets, M&A and investment funds. The banking team acts for borrowers and lenders on a variety of transactions including bank-to-bank lending, real estate
financing and other syndicated and bilateral
financing.
The firm’s key clients include Government of the Sultanate of Oman, Ministry of Finance/Debt Management Office of the Government of Oman, Oman Investment Authority, Rakiza Infrastructure Fund, Oman Air, Oman Sovereign Sukuk Company, Majis Industrial Services, Turkish Airlines (Oman), Ahli Bank, Sustainable Investments, Al Hosn Investment Co, Yiti Tourism Development Company, TAV Operation Services Sohar International, Bank muscat, J P Morgan and Standard Chartered Bank.
Research period review: 33rd edition (2023/2024)
The firm was particularly active in
banking,
capital markets and M&A
space during the research period under review. The firm’s capital markets work
consists of both debt and equity.
The banking practice of the firm was visible with few Islamic, asset and acquisition financing work.
In the debt capital market, the
firm advised on sukuk and bonds issuances including bond buyback. An example of such work is the US$ 200million sukuk issuance by Oman Sovereign Sukuk Company.
In the equity side of the capital markets work, the firm advised on rights issues and IPOs.
In M&A, the firm was seen advising clients on acquisitions and divestitures. The firm also advised on corporate restructuring and Investment funds formation.
Deal Highlights: 33rd edition (2023/2024)
Oman Sovereign Sukuk Company US$ 200million
sukuk issue
Client feedback:
33rd edition (2023/2024)
“Asad Qayyum from MAQ Legal has been very supportive in terms of turning around urgent
piece of work. Despite being a newly formed law firm, MAQ legal has
strong team of lawyers with decades of international experience.”
“MAQ consists of a team of competent, hard-working, and focused lawyers who have always provided our Bank with quality work, even when provided with tight deadlines. They are one of the best in Oman when it comes to Islamic Financing and are our primary lawyers in relation to Islamic financing, transaction, and advisory work.”
“Prompt, timely and precise advice.”
“Technically strong, highly responsive, commercial.”
“The consultant working with us, Asad, and his team were dedicated, on call, and provided us with advice when requested and when they assessed risk in the future.”
“Detailed and clear advice on the matter.”
“Strong client management.
“Provide the right level of support to satisfy requirements.
“Great attention to detail.”
“Always ready to support.”
“He is attentive to details.”
"He has expert knowledge in law as well as bespoke law of Oman and how things
works, which makes his contribution extremely valuable.”
"He is aware of his audience and excels with negotiations as well as stakeholder management.”
"The
expertise he provides comes in micro and macro elements which provides us with holistic view and easy to
make a decision.”
“Listening the issue, understanding the need and providing workable beneficial solutions.”
“Excellent client manager.”
“Asad is a seasoned lawyer with a wealth of knowledge of Omani and English law. I always get impressed with his innovative approach to
solve complex problems. He has sound knowledge of
aviation sector and
strong sense of community development, diversity,
equity and inclusion.
"Asad managed client relationship very well and responsive to our varied needs.”
“Asad is committed to providing quality services at competitive prices. I appreciate his honesty and frankness. He is also an excellent lawyer, with good working knowledge of several jurisdictions.”
“Total pleasure to deal with, professional, knowledgeable, responsive, commercial, good sense of
humour.”
