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Role of a Banking Expert Witness in the UAE

In the United Arab Emirates (UAE), the legal system relies on the expertise of professionals in various fields to provide expert witness testimony in court cases. In complex banking and financial litigation, a banking expert witness assists the court by providing specialized knowledge and opinions on banking practices, regulations, and industry standards. This article will explore how a banking expert witness in UAE can contribute to the judicial process and help ensure fair and informed decision-making.

  1. Definition and Qualifications of a Banking Expert Witness: 

A banking expert witness is an individual with extensive experience and expertise in the banking industry who is called upon by the court to provide an impartial and independent opinion on banking matters relevant to a case. Individuals typically possess a strong educational background, professional certifications, and substantial hands-on experience in the banking sector to qualify as a banking expert witness. They should have in-depth knowledge of banking regulations, practices, risk management, lending procedures, and financial analysis.

  1. The Role of a Banking Expert Witness in the UAE: 

The court engages a banking expert witness to offer their expert opinion based on their specialized knowledge and experience in the banking field. Their role includes, but is not limited to, the following:

  • Case Evaluation and Analysis: 

A banking expert witness begins by thoroughly examining the relevant case documents, including contracts, financial statements, loan agreements, and banking records. They assess the complexities of the case and identify areas where their expertise can provide valuable insights.

  • Expert Report Preparation:

After analyzing the case, the expert witness prepares a detailed expert report that outlines their findings, opinions, and conclusions. This report presents the court with a comprehensive overview of the banking-related issues involved in the case and the expert's opinions regarding these matters.

  • Expert Testimony:

The banking expert witness may be called upon to testify in court, presenting their expert report and providing oral testimony. During this testimony, they explain their opinions, respond to questions from attorneys and the court, and assist in clarifying complex banking concepts for the judge and jury.

  • Answering Technical Questions:

The court may seek the expert's guidance on technical banking matters that are beyond the knowledge of the average layperson. The expert witness assists the court in understanding complex financial transactions, industry practices, regulatory compliance, and the standard of care expected from banks in similar situations.

  • Assistance in Settlement Negotiations:

In some cases, the expert witness may help parties reach a settlement by providing their expert opinion on the strengths and weaknesses of each side's banking-related arguments. This can lead to a more informed negotiation process, potentially saving time and costs for all involved parties.

Importance and Benefits of a Banking Expert Witness:

Having a banking expert witness involved in a case offers several significant benefits, including:

  • Specialized Knowledge:

The expertise of a banking expert witness helps the court understand intricate banking practices and regulations that may be pivotal to the case. This knowledge assists judges and juries in making informed decisions based on accurate and comprehensive information.

  • Objectivity and Impartiality:

A banking expert witness is expected to be impartial and provide unbiased opinions. Their neutrality lends credibility to their testimony and helps ensure a fair and just resolution of the dispute.

  • Enhancement of Legal Strategy:

Attorneys can leverage the insights and analysis provided by banking expert witnesses to strengthen their legal arguments, develop effective strategies, and identify weaknesses in opposing arguments.

  • Clarification of Complex Concepts:

Banking matters can be highly complex, involving intricate financial transactions and regulatory frameworks. The expert witness simplifies these concepts, making them more accessible to the court and facilitating a clearer understanding of the issues at hand.

  • Improved Decision-Making:

The expert testimony of a banking expert witness helps the court assess the reasonableness of banking practices, determine compliance with regulations, evaluate the standard of care, and ultimately make well-informed judgments.


In the UAE, the involvement of a banking expert witness significantly enhances the legal process by providing specialized knowledge, analysis, and opinions on banking-related matters. Their contributions assist the court in understanding complex banking practices, regulations, and industry standards, leading to more informed decisions and fair resolutions. The role of a banking expert witness is crucial in ensuring the integrity and effectiveness of the judicial system in banking and financial litigation in the UAE.

Farahat & Co. in Dubai offers top-tier banking expert witness services in the UAE. Our experienced Banking expert witnesses provide comprehensive expert reports and compelling oral testimony to assist the court in understanding complex banking issues. Choosing Farahat & Co. as your banking expert witness in the UAE means gaining access to a team of seasoned professionals with the qualifications, experience, and impartiality to impact your case significantly.

Contact us today to learn more about how our banking expert witness services can assist you in navigating the complexities of banking disputes in the UAE legal landscape. Let us provide the expert guidance and support you need to achieve a favorable outcome.

Read More: The Role of the Expert Witness in Accounting Fraud Cases

Shahnaz Kaushar is a senior Trademark and Intellectual Property (IP) Expert. She has handled some of the firm’s complex, high-profile cases – many involving the protection of trademark and IP rights.