SAH Diagnostics’ Acquisition of a Mobile CT Unit

In UK Foot Anstey, advised on the matter.

Foot Anstey advised SAH Diagnostics with a team including Aziz Deen (Picture – Finance).

SAH Diagnostics acquired a mobile CT unit using the Murabaha Islamic Financing structure, the acquisition was financed by City Fund and Bristol and Bath Regional Capital. This is the first time Islamic Finance has been used to acquire a mobile CT unit in the UK.

The mobile CT Unit is to be deployed in Bristol and will help communities in Bristol along with the rest of the underserved areas in the UK. The unit is a single podded demountable 12m unit and comes equipped with CT scanning capabilities, fresh air systems and changing rooms.   

Aziz Deen (Picture), Foot Anstey’s Solicitor, led on the deal.

Involved fees earner: Aziz Deen – Foot Anstey;

Law Firms: Foot Anstey;

Clients: SAH Diagnostics;

Author: Giulia Di Palma