(1) Faraj (Appellant) v Ahmad and another (Respondents) (2) Faraj (Appellant) v Ahmad and IIB Group Holdings WLL (Respondents) (3) Faraj (Appellant) v Ahmad and IIB Group Holdings WLL (Respondents)
Wednesday 29 – Thursday 30 April 2026
(1-3) The proceedings arose from financial remedy claims brought by the Appellant against the First Respondent in October 2019. IIB is a Bahraini‑incorporated company conducting international banking business, of which the First Respondent is a director and majority shareholder.
The Appellant issued a divorce petition on 12 October 2020, served on 19 October 2020. The Respondent conceded English jurisdiction, and the marriage was dissolved in August 2021.
IIB, a company of which the Respondent is a director and majority shareholder, was joined to the proceedings by order of 3 December 2021 in relation to two discrete issues only: whether a 2019 Forward Acquisition of Property Agreement concerning the former matrimonial home was a sham, and whether shares held under IIB’s Employee Share Ownership Programme were owned by, or available to, the Respondent. Both claims were dismissed.
View Hearing:
Day 1
Day 2