Legal Counsel – Governance & Compliance
Turki Abid is a laws and regulations auditor at Sahal Law Firm, a legal counsel and arbitrator with the Saudi Center for Commercial Arbitration (SCCA), and an academic researcher specializing in governance and securities disputes.
Laws and regulations auditor at Sahal Law Firm; legal counsel and arbitrator with the Saudi Center for Commercial Arbitration (SCCA); and practicing arbitrator with the GCC Commercial Arbitration Centre and the Makkah International Center for Conciliation and Arbitration | Academic researcher in civil and commercial law, specializing in governance and securities disputes (shares, bonds and sukuk) and all the legal issues they entail.
Academic Profile
- Master of Laws, King Abdulaziz University – master's degree in private law, with a focus on companies and corporate governance.
- Professional diploma (arbitration, mediation and negotiation) in disputes arising from maritime transport contracts, University of Colorado Boulder.
- Fellowship in international commercial arbitration, British Royal Academy.
- Sharia Advisor Fellowship in Islamic finance jurisprudence and dispute resolution.
- Higher diploma in Total Quality Management, Lincoln University, through EduQual.
- Diploma in judicial arbitration, International Training Academy, under the supervision and sponsorship of King Abdulaziz University.
- Bachelor of Laws, King Abdulaziz University.
- Diploma in aircraft engineering and maintenance, Royal Jordanian Air Academy.
Experience
- Laws and Regulations Auditor: Compliance Department, Saudi Arabian Airlines (Saudia): provided advice, support and guidance on implementing an organization-wide quality management framework that ensures continuous performance improvement; delivered an effective monitoring and review function to drive organizational improvements in aviation safety, in line with the regulatory standards adopted by the General Authority of Civil Aviation (GACA) and other authorities such as EASA and the FAA; and acted as a partner in ensuring that all companies within Saudi Arabia understand, own and take responsibility for a quality system fully embedded in operational practice.
- Legal Counsel: (Independent counsel) to numerous law offices and professional law firms on arbitration clauses; reviewing contracts to provide the best possible advice under the Companies Law; drafting and reviewing corporate policies and procedures in line with governance regulations and rules; and providing specialized legal support to chartered accounting firms in drafting governance regulations and ensuring their implementation.
- Arbitrator and Mediator in Commercial Disputes: Through alternative dispute resolution at the Saudi Center for Commercial Arbitration (SCCA).
- Practicing Arbitrator: Also at the GCC Commercial Arbitration Centre.
- Arbitrator: Listed on the panels of the Makkah International Center for Conciliation and Arbitration.
Professional Achievements
- Governance, Risk and Compliance Professional (GRCP)
- Governance, Risk and Compliance Auditor (GRCA)
- Judicial Arbitrator
- Commercial Dispute Mediator
- Financial Dispute Resolution Specialist
- Islamic Finance Specialist
- Islamic Finance Advisor
Scientific Publications
- Governance of Joint-Stock Companies: "Separating Management from Ownership" – published academic book
- Amicable Settlement and the Governance of Settlement Clauses – article
- Forms of Extending the Arbitration Agreement to Third Parties – research paper
- The Impact of Changing Economic Circumstances on the Binding Force of Contracts – research paper
- The Nature of Governance in Joint-Stock Companies – published research paper
Turki Abid Specializes In
- Corporate governance
- Governance
- Operational risk management
- Compliance
Associations & Committees
- Saudi Governance Association – full member
- Saudi Scientific Association for Zakat – full member
- Former member, Corporate Steering Committee, Saudi Arabian Airlines (Saudia)
- Former member, Strategic Risk Management Committee, Saudi Arabian Airlines (Saudia)
Accredited Certificates
Arbitration and Mediation in Financial Dispute Resolution | Arbitration in Islamic Sharia | Arbitration under Saudi Law | Bank Treasury Transactions | Commercial Arbitration | Principles of Cooperative Insurance | Electronic Arbitration | Fundamentals of Legal Practice, Advisory Work and Contract Drafting | Islamic Sukuk Applications | International Arbitration | Introduction to Judicial Arbitration | Islamic Financing Contracts | Principles of Islamic Banking | Principles of Brokerage Services | Sharia Supervision Applications | Principles of Zakat Accounting | Banking and Financial Dispute Applications | Arbitration in Administrative Contracts | Securities Dispute Applications | Operational Risk Management | Operational Risk Management Applications