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

Lee Hishammuddin Allen & Gledhill
LEVEL 6, MENARA 1 DUTAMAS, SOLARIS DUTAMAS
NO. 1, JALAN DUTAMAS 1
50480 KUALA LUMPUR
Malaysia
Megat Hizaini Hassan photo

Work Department

Corporate

Position

Partner (Islamic Finance, Financial Services).

Career

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).

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 as a “Leading Individual” on The Legal 500 Asia Pacific 2021 ranking.

Languages

English, Malay, Arabic

Memberships

Advocate & Solicitor of the High Court of Malaya

Education

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

Lawyer Rankings

Malaysia > Islamic finance

(Leading individuals)

Megat Hizaini HassanLee Hishammuddin Allen & Gledhill

Representing clients such as Standard Chartered Saadiq and HSBC Bank Malaysia, the Islamic finance team at Lee Hishammuddin Allen & Gledhill handles issues such as commercial papers and medium term notes. Directed by Weng Hwee Tay, known for his expertise in Musharakah, it also features Megat Hizaini Hassan, a partner adept at facilitating substantive complex multi-billion ringgit issuances. A recent highlight concerns the firm’s role in advising RHB Islamic Bank on the review and revision of its standard legal documentation. Notably, this is utilised for the bank’s home financing products (Commodity Murabahah Term Financing-i and Equity Financing-i) and ensures compliance with the regulations issued by Bank Negara Malaysia.

Malaysia > Capital markets

Led by the ‘knowledgeable and efficientTay Hwee the capital markets team at Lee Hishammuddin Allen & Gledhill handles a broad spectrum of sector issues. Specifically, this includes: major debt offerings, (both conventional and Islamic), bond offerings, medium term note programs and sukuk issuances. A recent standout case is its work for Sabah Credit Corporation on amendments to its Islamic Commercial Papers and Medium-Term Notes Programmes. The offering is complemented by the skills of Megat Hizaini Hassan, a renowned expert in Islamic finance as well as the ‘knowledgeable and efficient‘ partners Tay Weng Hwee  and Bella Chai Yee Chu.