Mr Megat Hizaini Hassan > Lee Hishammuddin Allen & Gledhill > Kuala Lumpur, Malaysia > Lawyer Profile

Lee Hishammuddin Allen & Gledhill
Megat Hizaini Hassan photo

Work Department



Partner (Islamic Finance, Financial Services).


The resident authority on Islamic finance who leads on the majority of its Sukuk mandates

Noted by market commentators for his extensive focus on Islamic finance, Megat has been recognised as one of the leading lawyers in his area of practice, through publications such as the International Financial Law Review’s Guide to the World’s Leading Islamic Finance Lawyers and Expert Guides, Legal 500, Chambers Asia as well as Islamic Finance News’ Leading Lawyers Directory.

He covers a wide range of structures, including Murabahah and Ijarah transactions. He is especially active in assisting banks with debt restructuring issues. Clients have noted his “knowledge and experience in applying Shariah concepts are indeed valuable”.

He sits as a member of the Shariah Advisory Body for both Syarikat Takaful Malaysia Keluarga Berhad (“STMKB”), a Bursa Malaysia-listed company that deals with family takaful (Islamic insurance), and Syarikat Takaful Malaysia Am Berhad (an STMKB subsidiary company that deals with general takaful). He has also been appointed as a Shariah committee member for Mizuho Bank (Malaysia) Berhad effective May 2021.
Megat advises clients on issues pertaining to the legal and regulatory framework, as well as matters relating to applicable Shariah standards for Islamic financial or investment transactions.

Megat was recently ranked “Band 3” in Banking & Finance by Chambers Asia-Pacific 2022 and as a “Leading Individual” on The Legal 500 Asia Pacific 2022 rankings.


English, Malay, Arabic


Advocate & Solicitor of the High Court of Malaya


LLM (Law), University of Cambridge
LLM (Law), Harvard Law School
LLB (Hons), International Islamic University of Malaysia (IIUM)

Lawyer Rankings

Malaysia > Banking and finance

Lee Hishammuddin Allen & Gledhill has a good mix of Islamic and conventional financing work. It has advised on a series of refinancings and restructurings of debt facilities. While the firm has excellent bank relationships, such as with the Bank Pembangunan Malaysia, it is working with a growing number of non-bank institutions in providing mezzanine finance and delivers regulatory advice to an expanding group of digital banks. Megat Hizaini Hassan is a leading authority on Islamic finance and has worked intensively in the debt restructuring field in recent years. Tay Weng Hwee leads the banking and finance team, and is an experienced figure in debt issuances, mezzanine finance and debt restructurings. Bella Chu Chai Yee is also rated for her expertise in debt restructuring and real estate financings.

Malaysia > Islamic finance

(Leading individuals)

Megat Hizaini HassanLee Hishammuddin Allen & Gledhill

Lee Hishammuddin Allen & Gledhill has an outstanding reputation in the Islamic finance sector thanks to the presence of Megat Hizaini Hassan, who advises on a multitude of structures, including Murabahah and Ijarah transactions, and is a leading authority in debt restructurings under Shariah standards. Jointly led by Hassan and Tay Weng Hwee, the team has extensive experience in Malaysian and foreign-denominated Shariah financings. It frequently advises on high-value Sukuk issuances and acts for some of the most active banks in the sector.

Malaysia > Capital markets

(Leading individuals)

Megat Hizaini Hassan Lee Hishammuddin Allen & Gledhill

Weng Hwee Tay leads the corporate offering at Lee Hishammuddin Allen & Gledhill. The team’s workload includes a broad range of transactional work across various industry sectors, for both domestic and international clients. A key area of expertise includes advising on financial services and Islamic finance, the latter being Megat Hizaini Hassan’s area of specialty owing to his work on Shariah-compliance. Mandates often involve complex elements such as the issuance of equity, equity-linked instruments, structured products, private debt instruments and asset-backed securities.