Shuaib M. Shah
Year of qualification (The Bar of England and Wales): 1994 (Inner Temple)
Year of qualification (The Bar of Maldives): 2000
With over 20 years’ experience as a practising lawyer, at Shah, Hussain & Co., Shuaib’s practice is primarily related to the structuring and implementation of sophisticated multi-million dollar banking transactions and project finance, primarily related to infrastructure development, telecommunications, aviation and resort hotel industry, and acting for owners, international hotel operators, developers and financiers of world class luxury resorts.
In 2012, Shuaib was retained by the US-based Blackstone Group to advise on the single largest private commercial transaction in the Maldives, the acquisition of the world’s largest Twin Otter seaplane fleet.
After graduating from the University of London with a First Class (Honours) Degree in Law, Shuaib was called to the Bar by the Inner Temple, London, in 1994.
Shuaib was trained as a barrister in private practice in London at leading sets of Chambers at Hardwicke Building Chambers (Lincoln’s Inn) and Plowden Buildings (Middle Temple). Shuaib was a tenant at general common law chambers 3 Pump Court (Temple).
Shuaib subsequently joined private banking as in-house counsel at Citibank in London. He reported to the EMEA General Counsel for Citibank Private Bank and ultimately to the then Head of the Private Bank Mr Shaukat Aziz, who subsequently went on to become the Finance Minister of Pakistan and later on its Prime Minister as well. Citibank Private Bank then managed assets of US$ 100 billion globally. Shuaib’s responsibilities at Citibank Private Bank included reviewing and advising the Bank on structure, documentation, contractual agreements and marketing materials for wide range of sophisticated financial products, including multi-currency mutual funds; over-the-counter (OTC) and exchange traded derivatives; and various Islamic banking products, including murabaha and mudaraba transactions.