Sana Siddiqui

• Representing Arada Developments LLC on a series of transactions including in respect of their standalone sukuk due 2027 and programme drawdown sukuk due 2029; the update of their US$ 1 billion sukuk programme; the US$ 100 million tender offer in respect of their standalone sukuk due 2027; and the US$ 450 million drawdown issuance under their sukuk programme.
• Representing a number of international and local banks (including HSBC, FAB, ADIB, DIB and ENBD) in respect of Binghatti Holding Limited’s establishment of their US$ 1.5 billion sukuk programme and US$ 500 million drawdown issuance under the newly established programme.
• Advised Islamic Development Bank (IsDB) on the issuance of US$2.5 billion trust certificates under its US$25 billion trust certificate issuance programme, which marked the largest sustainable sukuk issuance globally, the IsDB's largest issuance to date and also its second sustainable sukuk issuance.°
• Advised the IsDB in relation to its first sustainable sukuk issuance of US$1.5 billion, which was the first issuance globally in the format of a sukuk aimed at raising proceeds 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 Citi, HSBC, and Standard Chartered Bank acting as global co-ordinators and ADCB, Citi, Emirates NBD Capital, FAB, HSBC, and Standard Chartered Bank acting as joint lead managers on the successful issuance of US$500 million Reset Subordinated Perpetual Notes by MAF Global Securities Limited, an spv issuer incorporated in the Cayman Islands. The issuance was irrevocably guaranteed, on a joint and several basis, by Majid Al Futtaim Holding LLC and Majid Al Futtaim Properties LLC.°
• Advised Warba Bank on its tender offer in respect of its outstanding US$250 million Tier 1 Capital Certificates and a new debt issuance of US$250 million Tier 1 Capital Certificates. The amount of existing Tier 1 Capital Certificates tendered and redeemed was US$101,947,000.°
• Advised Kuwait’s Ahli United Bank K.S.C.P. (AUBK) on the successful issuance of US$600 million Tier 1 capital certificates, which attracted subscription orders exceeding US$1.8 billion.°

°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