Ms Sharifah Dalilah Albar > Albar & Partners > Kuala Lumpur, Malaysia > Lawyer Profile

Albar & Partners
Suite 14-3, Level 14, Wisma UOA Damansara II
No.6 Changkat Semantan, Damansara Heights,
Kuala Lumpur
50490
Malaysia
Sharifah Dalilah Albar photo

Work Department

Banking & Finance, Capital Markets & Islamic Finance.

Position

Partner 

Dalilah has advised a multitude of clients, both local, regional and international financial institutions, financial advisers, private equity sponsors and corporate borrowers on a variety of finance issues both in conventional and Islamic transactions (on a bilateral, syndicated and club-lending basis), multi-facility loans, bridging loans, project financing and asset financing. Her experience also includes cross border financing, offshore lending and securitisation. Her practice canvasses advising on debt capital market instruments. Dalilah has handled hybrid and derivative products, capital raising exercises involving underwriting and issuance of private debt securities besides advising in the establishment of commercial papers, medium-term notes and Sukuk programmes.

Career

Dalilah graduated with a Bachelor of Laws (Hons) from the University of Nottingham, UK. She also pursued her postgraduate studies at the same university and obtained her Masters of Laws. Dalilah was admitted as an Advocate & Solicitor of the High Court of Malaya in 2008. She commenced legal practice at Albar & Partners and was admitted as a Partner in 2014. She has been recognised as a Notable Practitioner for Banking, Capital Markets, Islamic Finance and Project Finance by IFLR1000: Guide to the World’s Leading Financial Law Firms. The Euromoney’s Expert Guide to the World’s leading Banking & Finance and Transactional Lawyers (2019 edition) has featured Dalilah as an expert for Banking & Finance and Islamic Finance.

With a very broad practice, Dalilah been involved in several notable transactions.

  • Advised the joint principal advisers and joint lead arrangers in the Islamic medium-term note programme for issuance of Islamic medium-term notes combined with a medium-term note programme established by OSK I CM Sdn Bhd for a combined limit of up to RM1.8 billion in nominal value.
  • Advised the principal adviser and lead arranger in the RM118 million financing of the acquisition of 17 properties (comprising of KFC and Pizza Hut outlets) located throughout Malaysia by Al-Salam REIT (through its trustee, Amanah Raya Trustees Berhad).
  • Advised the principal advisers and joint lead arrangers in the RM245 million issuance of Sukuk by Sinar Kamiri Sdn. Bhd. under the Shariah principle of Wakalah Bi Al-Isthithmar based on Securities Commission’s Sustainable and Responsible Investment Sukuk Initiative to part finance the construction of a solar photovoltaic energy generating facility with a capacity of 49MWac.
  • Advised the principal adviser and lead arranger in the establishment of a multiple tranche medium-term notes programme for issuance of medium term notes of up to RM5 billion in nominal value established by IGB REIT Capital Sdn Bhd in connection with the injection of Mid Valley Megamall and The Gardens Mall into IGB REIT.
  • Advised the principal advisers and joint lead arrangers in the establishment of unrated medium-term notes programme for issuance of unrated medium terms notes of up to RM1 billion in nominal value established by Southkey Megamall Sdn Bhd to part finance the development and construction of a shopping mall in Johor, Malaysia, known as The Mall, Mid Valley Southkey.
  • Advised a borrower corporation to negotiate a multi-million Ringgit financing to part finance its acquisition of a group of companies from a local oil and gas giant under the latter’s internal corporate restructuring exercise, in which the said oil and gas giant disposed their non-oil and gas companies to the borrower corporation.

Languages

Bahasa Malaysia & English

Memberships

Advocate & Solicitor of the High Court of Malaya.
Member of the Malaysian Bar

Education

L.L.B (Hons), University of Nottingham, UK
LL.M, University of Nottingham, UK.
Certificate of Legal Practice.
Advocate and Solicitor of the High Court of Malaya.

Lawyer Rankings

Malaysia > Islamic finance

Led by Lily Tan Chea Li, Chung Loong and Sharifah Dalilah Albar, the Islamic finance team at Albar & Partners covers a broad spectrum of Shariah principles. This includes: Murabahah, Bai’ Bithaman Ajil, Bai’ Inah, Bai Al-Dayn, Kafalah and Al-Wakalah, all of which it pursues for the purposes of trade and bilateral financing. In addition, its work in debt capital markets incorporates the concepts of Mudharabah, Musyarakah, Istisna’ and Ijarah Thumma Bai’; areas in which it advises on the structure of both techniques and instruments. Recently, the firm acted for Top Glove in the issuance of perpetual notes following the parameters of Wakalah bi al-Istithmar.

 

 

Malaysia > Capital markets

The team at Albar & Partners handles the breadth of capital markets matters in conjunction with banking and finance, and restructuring matters. Combined with M&A and de-mergers, its skills cover public take-overs, initial public offerings, listings and de-listings, REITs, and privatisation projects. It also handles derivatives, interest and currency swaps work. A standout highlight is the firm’s work for Top Glove Corporation on the issuance of perpetual Islamic notes under the Shariah principle of Wakalah bi al-Istithmar (a value of up to RM3 billion). Recommended lawyers: Lily Tan Chea LiSwee Loong ChungNatalie Suan Wan PehSeet Hooi Ping Cassandra Hogg and Sharifah Dalilah Albar

Malaysia > Banking and finance

Lily Tan Chea Li, Swee Loong Chung and Sharifah Dalilah Albar direct the banking and finance offering at Albar & Partners. Key matters covered include: corporate & syndicated lending, Islamic finance, debt capital markets, real estate derivatives, interest & currency swaps, restructuring & refinancing. The firm is adept at handling work for local and international institutions and counts investment banks and insurance companies as key clients. A recent highlight is the team’s work for CIMB Investment Bank on an unrated senior perpetual Sukuk programme of RM2bn.