Clifford Chance Advises Premia Partners on Saudi Sukuk ETF Launch.
Clifford Chance has advised Premia Partners, Hong Kong’s leading provider of Exchange Traded Funds (ETFs), on the launch of the Premia BOCHK Saudi Arabia Government Sukuk ETF on the Hong Kong Stock Exchange (HKEX).
This new ETF is a first for Asia, giving investors access to Saudi Arabia’s capital markets.
It invests in Sukuk securities – bonds that follow Islamic principles – listed on the Saudi Exchange and denominated in Saudi Riyals, as well as US Dollar Sukuk issued by Saudi Arabia’s government and agencies.
A team led by Rocky Mui, along with Matthew Wan, Michael Chan, Phoebe Ho, and Connie Fung, advised Premia Partners through every step of the process.
They helped with setting up the ETF, preparing offering documents, and securing approvals from the Securities and Futures Commission (SFC) and the stock exchange.
Rocky Mui commented: "This landmark Sukuk ETF launch underscores Hong Kong's role in connecting international capital with emerging opportunities in the Middle East. With its robust regulatory framework and deep pools of capital, Hong Kong is uniquely positioned as a hub for innovative investment products. We are proud to have advised Premia Partners on bringing Asia's first investment-grade Sukuk ETF to market."
Clifford Chance is a global law firm with over a century of history and a presence in 23 countries through 34 offices. A member of the prestigious Magic Circle, the firm is recognized for its deep expertise in banking, corporate law, finance, dispute resolution, and tax. It advises a broad spectrum of clients, including multinational corporations, financial institutions, governments, and not-for-profits by combining international best practices with local market insight. Known for its collaborative culture and forward-thinking approach, Clifford Chance delivers innovative, high-quality legal solutions across every major industry and sector.
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