Volaw Group has once more demonstrated its capabilities as a provider of Islamic finance services for internationally-focussed Islamic Financial Institutions.Volaw has been selected to provide a wide range of administration services for Rasmala plc (Rasmala). Established in 1999, Rasmala is a London-headquartered independent investment manager. Rasmala delivers a wide range of investment choices and asset-backed finance to pension funds, family groups, corporates and financial institutions. Rasmala is publicly quoted in the UK, authorised and regulated by the UK Financial Conduct Authority. Rasmala operate regulated subsidiaries in the UAE, Oman and Egypt.Earlier this year, Rasmala announced the expansion of its real estate business following the launch of a series of new and innovative funds offerings during 2014. The group plans to further expand its alternative and real estate businesses during 2016, and has allocated $750 million for investments in the UK over the next three years. The first of these acquisitions announced by Rasmala is a structure to be administered by Volaw whereby it has acquired a commercial office building of 66,500 sq ft occupied on a long-lease basis by the mobile telecommunications operator Everything Everywhere.Trevor Norman, director of Funds Services and Middle East Group at Volaw, said: “Volaw is committed to providing the highest levels of service to our clients in all of our core business areas, and we are recognised in Islamic Finance circles not only for the expertise that we have built up over the last three decades, but for our innovative approach that clients’ appreciate in solving their problems. We hope that this is the first of many such structures in which we can help Rasmala to reach its business goals.For further information on Volaw’s Islamic Finance services, please contact Trevor Norman (tnorman@volaw.com).