News

Mr. M. Aseel Hassan, Attorney-at-Law, delivered the Opening Remarks at a one-day Sports Arbitration Conference held on 11 October 2026 at Crossroads Maldives, in his capacity as Vice Chairman of the Maldives International Arbitration Centre (MIAC).

MIAC organized the conference together with the Maldives Olympic Committee and the Asian International Arbitration Centre, as an Associated Event of Asia ADR Week. The aim was to familiarise key stakeholders in the sporting sector with sports arbitration and its potential role in resolving sports-related disputes.

On 01 September 2026, SHC Law & Tax kicked off the Director’s Training Programme (DTP) with the first session highlighting the director responsibilities under the Companies Act 2023.

The session was facilitated by Ms. Junaina Ahmed, Attorney-at-Law, Partner, Ms. Zayna Saeed, Attorney-at-Law, Associate and Ms. Naisha Nasih, Barrister-at-Law, Associate.

Link: https://www.linkedin.com/posts/capital-market-development-authority-cmda-maldives_the-directors-training-programme-2026-commenced-activity-7500476546781032448-sy_n/

On 12 November 2025, SHC Law & Tax attended the 10th Anniversary Celebration of Women & Democracy as one of the co-sponsors. The event marked a decade of unwavering commitment to promoting women’s empowerment, strengthening democratic values, and fostering civic engagement. Supporting this important cause reflects the firm’s enduring dedication to diversity and inclusion, and its commitment to building a more equitable and participatory society.

SHC was represented at the event by its Attorneys-at-Law, Ms. Mizna Shareef, Partner, Ms. Juni Latheef, Corporate Associate, and Mr. Ismail Dhanish, Associate.

On 14 December 2025, SHC Law & Tax attended the GM Forum held in Kurumba Maldives along with prominent industry leaders.

The Forum was attended by (a) Shuaib M Shah, Partner, (b) Dhaanish Ameen, Senior Associate, (c) Zeyba Atho, Pupil Associate and (d) Naisha Nasih, Pupil Associate

On 9 October 2025, SHC Law & Tax signed a Memorandum of Understanding (MOU) with Ghiyasuddin International School to support its newly launched Work Experience Program. Ms. Junaina Ahmed, Partner at SHC, signed the MOU on behalf of the firm and delivered brief remarks emphasizing the importance of cultivating future professionals.

This initiative reflects SHC’s commitment to community engagement and corporate social responsibility. By participating in the program, SHC will offer students meaningful exposure to the legal field, helping them develop practical skills and gain valuable professional insight.

SHC is proud to invest in the next generation and looks forward to a rewarding collaboration with Ghiyasuddin International School.

As part of its community engagement initiative, SHC Law & Tax attended the ‘Let you Love Light up a Life’ Annual Fundraising Gala Dinner of Care Society as one of the co-sponsors.

SHC was represented at the event by (a) Ms Aishath Haifa, Partner, (b) Ms Junaina Ahmed, Partner, (c) Ms Mizfa Saeed, Attorney at Law, (d) Mr M Aseel Hassan, Attorney at Law, (e) Ms Juni Latheef, Attorney at Law, and (f) Ms Zeyba Atho, Associate.

SHC Law & Tax has sponsored industry prizes awarded to high achievers of the Bachelor of Sharia and Law programme conducted by Villa College. The awards were presented to this year’s recipients Mr Ahmed Nizam and Mr Muizz Ibrahim on behalf of the firm by Ms Mizfa Saeed, Attorney-at-Law.

SHC Law & Tax has been sponsoring the industry prize for top graduates of the Bachelor of Sharia and Law programme for consecutive 3 years.

Link: https://x.com/VillaCollegeMv/status/1969470591666438354

On 23 August 2025, Mr M Aseel Hassan moderated the roundtable discussion on “Regulating AI in ADR: Who Writes the Rules?” at the Asia ADR Summit 2025 in Nanning, China

The speakers were Sherlin Tung, Sharmini Thiruchelvam, Kee Meng Fai, and Assistant Professor Wang Xinyi.

Link: https://www.linkedin.com/feed/update/urn:li:activity:7365044030470045696

On 19 August 2025, SHC Law & Tax kicked off the Director’s Training Programme (DTP) with the first session highlighting the director responsibilities under the Companies Act 2023.

The session was facilitated by Ms Mizfa Saeed, Attorney-at-Law and Ms Raisham Zareer, Attorney-at-Law.

Bank of Maldives (BML) Islamic has announced its first fully funded Shari’ah-compliant corporate financing facility to support the development of a luxury resort at Kasanfaru Lagoon in Kaafu Atoll, marking a major milestone in the expansion of Islamic finance in the country.

The 5-star, 118-room resort is being developed by Sentoric Island Pvt Ltd, a joint venture between Alia Group, a diversified business leader in the Maldives, and the globally recognised hospitality brand Atmosphere Core, which currently operates 9 resorts in the Maldives.

“This is a significant step forward for Islamic finance in the Maldives,” said Mohamed Shareef, CEO and Managing Director of Bank of Maldives. “Not only is this the first resort project financed under BML Islamic, but this is the first fully funded Shari’ah compliant resort financing in the country and it is a clear demonstration of the growing demand for Islamic financing instruments for the corporate sector.”

SHC Law & Tax acted as lead counsel to Aareal Bank AG in the successful refinancing of Alila Kothaifaru Maldives, a five-star luxury resort located in Raa Atoll, Republic of Maldives managed by the Alila brand under the Hyatt portfolio.

The transaction consisted of comprehensive refinancing of existing facilities and restructuring of the resort’s financing arrangements, whereby we provided full legal support to Aareal Bank AG in respect of structuring advice, drafting and negotiation of facility and security documentation, and local law compliance in respect of securities.

The SHC team was led by Mr Shuaib M Shah, Dhaanish M Ameen, and Juni Latheef. This transaction was completed in March 2025.

On 13 May 2025, SHC Law & Tax kicked off the Director’s Training Programme (DTP) with the first session highlighting the director responsibilities under the Companies Act 2023.

The session was facilitated by Mr Ismail Dhanish, Attorney-at-Law.

Link: https://x.com/CMDA_MV/status/1922233886597132298

On 13 May 2025, SHC Law & Tax kicked off the Director’s Training Programme (DTP) with the first session highlighting the director responsibilities under the Companies Act 2023.

The session was facilitated by Ms Aishath Haifa, Attorney-at-Law and Partner and Ms Junaina Ahmed, Attorney-at-Law and Partner.

Link: https://x.com/CMDA_MV/status/1853666507055923310

SHC Law & Tax has sponsored industry prizes awarded to high achievers of the for the top achievers of Bachelor of Shariah & Law program awarded by Villa College.

The awards were presented to this year’s recipients Ms. Hawwa Shiuna, Mr Ahnaf Mohamed, Mr Mohamed Siraj Muneer, on behalf of the firm by Ms Junaina Ahmed, Partner.

On 2 July 2025, SHC Law & Tax kicked off the Director’s Training Programme (DTP) with the first session highlighting the director responsibilities under the Companies Act 2023.

The session was facilitated by Ms Aishath Haifa, Attorney-at-Law and Partner and Ms Junaina Ahmed, Attorney-at-Law and Partner.

Link: https://x.com/matimaldivesmv/status/1751480355918668066

Ms. Aishath Haifa, Partner was one of the participants representing Maldives International Arbitration Center at the South Asian Regional Alternative Dispute Resolution Information Exchange Program organized by Commercial Law Development Program (CLDP) of U.S. Department of Commerce. The event was held in Kathmandu, Nepal from 24-26 June 2024.

The program created a forum for legal practitioners from South Asian countries to discuss topics in advancement of ADR in their respective states, as well as regionally.

Ms Junaina Ahmed, Partner attends as a speaker for the country round table discussion in the South East Asia Hotel Investors’ Summit held in Hyatt Regency Bangkok Sukhumvit.

We are celebrating our 25th anniversary today!

Our sincere gratitude and appreciation goes out to our wonderful team and to our clients.

Link: https://x.com/shclawandtax/status/1799482709867397278

The workshop brought together thirty lawyers to discuss drafting skills relevant to composing and reviewing legislation, contracts, and documents necessary in litigation. Held in Malé, the activity aimed to effectively advance access to justice by supporting the professional development of participants.

Ms Junaina Ahmed and Ms Aishath Haifa from the prominent Maldivian law firm SHC Law and Tax LLP presented sessions on contract drafting, while Mr Moosa Alim from the same firm brought in an experienced practitioner’s perspective to sessions on drafting for litigation.

Link: https://x.com/MPF_heidelberg/status/1729875435037855878

Link: https://www.mpfpr.de/2023/11/29/the-foundation-concludes-workshop-on-skills-in-legal-drafting-for-lawyers-in-the-maldives/

SHC Law & Tax has sponsored industry prizes awarded to high achievers of the LLM Commercial Law programme (University of the West of England) conducted by Villa College.

The awards were presented to this year’s recipients Mr. Chathura Prabath Wijesinghe and Ms. Sahar Waheed on behalf of the firm by Ms Aishath Haifa, Partner.

SHC Law & Tax conducted a training program for staff of Legal Affairs Division on “Drafting and Understanding Contracts”. The seminar was conducted by Ms Aishath Haifa, Partner and Ms Juna Ahmed, Partner.

Link: https://x.com/MTCCPlc/status/1581498918344753152

Ms Aishath Haifa, Partner attended the Gulf & Indian Ocean Hotel Investors’ Summit held in Waldorf Astoria & Al Hamra International Exhibition & Conference Centre, Ras Al Khaimah, United Arab Emirates. She was one of the speakers at the ‘Maldives’ round table session held on 16 November 2021.

SHC Law & Tax conducted a one-day training program for staff of Maldives Transport and Contracting Company Plc on 28 August 2021 on “Maldives Employment Act and practices”. The sessions were conducted by Ms Aishath Haifa and Ms Juna Ahmed.

Link: https://x.com/MTCCPlc/status/1431608386206908419