Raheel Butt

Raheel Butt is a partner in Ashurst’s Riyadh office and leads the firm’s Saudi Financial Services Regulatory & 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, SAMA regulations. Raheel also counsels on PDPL compliance, and Islamic investment products, including private credit and real estate. Clients seek him for his deep regulatory expertise, clarity of advice, and ability to navigate complex Saudi market and cross-border issues with practical solutions.