Sana Siddiqui

• A syndicate of international and GCC banks (including SCB, Citibank, First Abu Dhabi Bank, Dubai Islamic Bank and Emirates NBD) on a US$600 million drawdown under Omniyat’s US$2 billion sukuk issuance programme. The transaction signed on 2 March 2026, in challenging market conditions immediately after the outbreak of the recent US-Iran war in the Middle East.
• Representing a number of international and local banks (including HSBC, FAB, ADIB, DIB and ENBD) in respect of Binghatti Holding Limited’s inaugural standalone sukuk issuance, a tap issue, the establishment of its US$1.5 billion sukuk programme and a US$500 million drawdown issuance under the newly established programme.
• The local and international banks on Sobha Realty’s US$300 million inaugural sukuk issuance, tap issuance of US$230 million sukuk, the establishment and update of its US$1.5 billion sukuk programme, a US$500 million drawdown thereunder and a US$750 million green sukuk drawdown thereunder, each listed on the International Securities Market in London and Nasdaq Dubai.
• The international and local Joint Lead Managers (including HSBC, Standard Chartered Bank, Goldman Sachs, Citibank, JP Morgan, Emirates NBD and First Abu Dhabi Bank) on Majid Al Futtaim’s (MAF) US$2 billion trust certificate issuance programme and its US$3 billion bond programme and multiple issuances thereunder, including its US$600 green sukuk issuance. Also advised the banks on MAF’s US$500 million corporate hybrid bond issuance, and a tender offer in respect of its previously issued hybrid bonds.
• The international and local banks (including SCB, HSBC, Dubai Islamic Bank, First Abu Dhabi Bank, Mizuho Bank and Abu Dhabi Islamic Bank) on Kuwait Finance House’s US$4 billion trust certificate issuance programme, its US$1 billion issuance thereunder and its US$850 million Tier 1 Capital Certificates.
• The international and local Joint Lead Managers on the update of Kuwait International Bank’s US$1.5 billion trust certificate issuance programme and a drawdown of Basel III-compliant Tier 2 trust certificates in the principal amount of US$300 million.
• Bank of Sharjah on multiple updates of its US$2.5 billion Euro Medium Term Note Programme and several issuances thereunder.
• First Abu Dhabi Bank on English and UAE law on the annual updates of its US$5 billion trust certificate issuance programme and its US$20 billion bond programme and advising on drawdowns thereunder. The programmes are listed on the main market on the London Stock Exchange.°
• Advised the Islamic Development Bank (IsDB) on 45 sukuk issuances from 2015 to 2025, under its US$25 billion trust certificate issuance programme. This included the largest sustainable sukuk issuance globally (US$2.5 billion), another sustainable sukuk issuance of US$1.5 billion, which was the first sukuk issuance globally to tackle the effects of the Covid-19 pandemic, and a green sukuk issuance of €1 billion, which was the first green sukuk in the world to be issued by a AAA-rated institution and also the first EUR-denominated green sukuk globally.°
• Advised Kuwait’s Ahli United Bank K.S.C.P. (AUBK) on the issuance of US$600 million Tier 1 capital certificates.°

°The above representations were handled by Ms. Siddiqui prior to her joining Greenberg Traurig Limited.

• Legal Counsel, Standard Chartered Bank, 2018-2019

• Listed, The Legal 500 EMEA, Capital Markets, 2026