A discussion was held between Mr. Peter Casey, Director, Policy & Head of Islamic Finance for the Dubai Financial Services Authority, or DFSA); Dr. Hussein Hamid Hasan (appearing in his private capacity) and Mr. Muddassir Siddiqui, who also heads the Islamic finance Middle East practice for the law firm of Denton, Wilde & Sapte; Messrs. Jawad A. Ali of King & Spalding; Michael J.T. McMillen of Fulbright & Jaworski; Anzal Mohammed of Allen & Overy; and Richard O’Callaghan of Linklaters and Ms. Shaheen Pasha, a Reuters Islamic finance journalist. The session was moderated by Westlaw's Business Legal Editor Jack Bunker.
The panel discussed on the following:
i) the Dubai World restructuring; and
ii) the underlying Nakheel sukuk.