Alsuwaidi & Company

Islamic Banking

Pre-Litigation Dispute Resolution Framework

Dubai Enhances Pre-Litigation Dispute Resolution Framework

Legal Update | Law No. 9 of 2025 Dubai has introduced sweeping reforms to its pre-litigation settlement process, signalling a move toward faster, more efficient dispute resolution. Now in effect, Law No. 9 of 2025 amends key provisions of Law No. 18 of 2021, introducing new procedural powers for the courts and the Centre for Amicable Settlement of […]

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Money Laundering

A Cross-Border Money Laundering and “Deep Fake” Cybercrime Scheme Ends with 10-Year Jail Sentence and Multi-Million Dirham Fines

Alsuwaidi & Company is proud to announce a significant legal victory in a landmark criminal case involving one of the UAE’s most complex cross-border financial crime prosecutions. The case, which spanned several years and jurisdictions, involved criminal activities committed across multiple countries, including the UAE, and encompassed multiple layers of judicial oversight. It sets a

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Late Payment Interest is Invalid

Dubai Court of Cassation Confirms Late Payment Interest is Invalid in Islamic Finance Contracts

Cassation Judgments 595/2025 and 608/2025 | July 2025 The Dubai Court of Cassation has issued a landmark ruling confirming that late payment interest clauses in Islamic finance agreements are unenforceable, regardless of how they are labelled. The judgment reinforces the position that Sharia-compliant finance must fully adhere to Islamic legal principles, including the prohibition on

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Non-compete Clause In Federal Decree-Law No

Spotlight on Recent Developments in UAE

Long-term Residence Visas The UAE has launched long-term residence visa programs that aim to attract international talent into the UAE, such as entrepreneurs, investors, scientists and special talents. Availing these long-term residence visas can be described below: 10-year UAE residence visa According to the General Directorate of Residency and Foreigners Affairs, foreign investors may obtain

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