Skip to Main Content
Our Commitment to Diversity

K&L Gates Advises Amwal on Landmark Fund Launch

5 March 2018
Doha - The Doha office of global law firm K&L Gates LLP has advised Qatari asset management firm Amwal on the listing of the first-ever exchange traded fund (ETF) in Qatar, also the largest ETF in the Gulf Cooperation Council (GCC).
 
The K&L Gates team that advised on the matter, which demonstrates the growing sophistication of the Qatari financial services sector, consisted of Doha partner Amjad Hussain, Washington, D.C., partner Stacey Fuller, and Doha associates Jaime Oon and Mohammed Tartir.
 
Fahmi Alghussein, Chief Executive Officer of Amwal, stated: “We are very proud to have worked with Amjad Husssain and K&L Gates on the Qatar ETF. The team’s experience in global ETFs provided invaluable insight into the various rules and regulations around the world. Additionally, the team’s contributions on the ground in Qatar were essential to the success of the project.”
 
Amjad Hussain commented: “Building on the global strength of the firm’s international investment management practice, this matter serves as an example of how K&L Gates’ Doha office has quickly established itself as the go-to place for complicated first-of-their-kind funds transactions in the local market. We are delighted to have assisted on the establishment of this ETF, effectively managing the technical and regulatory challenges.”

K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.

Return to top of page

Email Disclaimer

We welcome your email, but please understand that if you are not already a client of K&L Gates LLP, we cannot represent you until we confirm that doing so would not create a conflict of interest and is otherwise consistent with the policies of our firm. Accordingly, please do not include any confidential information until we verify that the firm is in a position to represent you and our engagement is confirmed in a letter. Prior to that time, there is no assurance that information you send us will be maintained as confidential. Thank you for your consideration.

Accept Cancel