Islamic Finance
Jeffrey Green Russell is one of the few UK firms to have extensive expertise in acting for lenders in connection with their domestic Islamic mortgage products. Here our principal role is to provide them with separate representation in dealing with the legal aspects of originating Ijara and Murabaha structures in England and Wales.
Our experience in this specialist area has equipped us to develop strategies to help minimise delays and expense for all parties. As well as offering a greater level of day-to-day help to the borrower's legal advisers than is normally required in conventional mortgage lending, we have also developed a special computerised case management system. This secure, web-enabled workflow-based system enables lenders to:
- Instruct us online
- Make enquiries online
- View the history of any case online
- View file letters, emails and documents online
- Obtain customised reports online whenever required
- View financial aspects of any case at any time
- Conduct checks and audits online
- Potentially interface with us more efficiently and accordingly to reduce the lender's internal process costs.
All the data travelling to and from our clients is encrypted and no special software or hardware is required to access the system: only a PC, a standard browser and Internet access.
