Ra'ad Al-momani

I. Generally:
-To study, recommend, folow- up and advise the Management on legal matters relating to the administrative policies and operations of the Bank with regard to contracts & agreements, MOUs on Imprest & Escrow accountas, may be required, under all current modes of financing of the bank.
-To review, study and provide legal opinion on sukuk documentation and any other legal matters related to treasury operations.
To review, study and prepare agreements on co-operation between the Bank and any other international organization.
-To study, recommend and follow up policy matters relating to legal issues involving dealing with private sector.
-To represent the Bank in litigation, arbitration and other legal proceedings.
-To participate in Bank’s appraisal mission in order to review, negotioate and scrutinze legal aspects involved in projects and operations to be finanaced by the Bank.
-To review disbursement applications and clear the 1st disbursement of each Bank-financed project.

II. specifically

a. Treasury portfolio

The mission is to provide legal and policy-related advice to the management of the Treasury Department. More specifically:

1. Provide legal opinion on all legal aspects/issues involved in the mobilization and investment of resources.
2. Dealing with placement transactions, in terms of drafting, preparing, reviewing Murabaha agreement, reverse Murabaha agreement and wakala agreement.
3. Dealing with hedging transaction, i.e., profit rate swap and cross currency swap.
4. Provide legal opinion on sukuk documentation.
5. Any other issues related to the business of treasury department, for instance, custodian agreements and brokerage agreements…..

b. Trade Finance portfolio:
1. Providing legal opinion to the International Islamic Trade Finance Corporation, ITFC (member of IDB Group).
2. Preparing legal documentation (direct murabaha or syndication) for trade operation.

c. Operation Portfolio:
1. Responsible for all legal matters related to project finance in Egypt, Sudan, Libya, UAE and Algeria.
2. Negotiating the terms and conditions of the financing agreement with counterparts.
3. Drafting legal documentation of different kind of modes of financing (leasing, istisna’a, instalment sale, loan, restricted mudaraba ….).
4. Facilitation of legal risk management framework project.

d. Development of Awqaf Properties in IDB’s member and no-member countries.

-Responsible for all legal affairs concerning the Company, 's activities.
-To review and prepare different kinds of contracts and MOUs by which the Company is a party.
-To advise and assist all organizational departments of the Company on legal aspects of financial, operational and administrative matters.
-To follow up with the Telecommuncation Regulatory Commission (TRC) on all matters relating to the Company’s activities which need TRC’ approval.
-To follow up with the govermental entities in terms of registering trade marks, patents…etc, and to follow up implementation of the Compnay’s BOD.
-Represent the Company in litigation, arbitration and other legal proceedings.
-To participate in the Company’s committees and task force meetings.
-To supervise the Legal Unit’s Staff.
-To ensure the compliance of the Company’s activities and decisions with the laws in force.

- Dealing with License Agreements signed with all telecom operators in Jordan
- Preparing Policies and Instructions regulating the telecom market in Jordan.
- Ensuring the compliance of the operators with the Telecommunications law in force and their licences.
- Handling disputes between the operators.
- Handling complains of the customers against operators.
- Providing legal advice to the Management.
- Following up legal cases at courts.

- Responsible for legal clearance of foreign standby letters.
- To initiate & follow-up legal cases at courts.
- To advise and assist all organizational departments of the Bank on legal aspects of operational and administrative matters .
- To draft & review agreements, MOU’s and undertakings.

Primarily practicing in the areas of: International Trade & Business Law, Agency & Distributorships Agreements, Intellectual Property, Foreign Investment, Securities, Banking Law, Contracts, Commercial & Civil Litigation