About Raheel Butt

Raheel Butt is a partner in Ashurst’s Riyadh office and leads the firm’s Saudi financial services regulatory and funds practice. He advises international and domestic financial institutions on CMA licensing, private fund structuring, brokerage, custody and post-trade operations. His practice covers market-entry pathways, prudential and conduct compliance, and governance frameworks under CMA and SAMA regulations. Raheel also advises on PDPL compliance and Islamic investment products, including private credit and real estate. Clients value his deep regulatory expertise, the clarity of his advice and his ability to navigate complex Saudi market and cross-border issues to identify practical solutions.