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UNIT NO. 50-10-9, LEVEL 10, WISMA UOA DAMANSARA, NO. 50 JALAN DUNGUN, DAMANSARA HEIGHTS, 50490 KUALA LUMPUR, MALAYSIA
Tel:
Work +603 2092 4822
Fax:
Fax +60 3 2092 5822
Email:
Web:
www.ridzalaw.com.my

Sharifah Shafika Alsagoff

Tel:
Work +603-20924822
Email:
Mohamed Ridza & Co

Position

Partner

Career

Shafika has advised on a wide variety of Islamic banking, real estate and corporate commercial matters and has contributed articles related to developments in Malaysia’s capital markets and Islamic banking.

Being trained in Shari’ah as well as common law, Shafika has advised clients on various aspects of Islamic banking and finance utilizing various Shari’ah concepts such as Bai’ Bithaman Ajil, Ijarah, Istis’na, Murabahah and the issuance of Islamic Securities under the Shari’ah principles of Bai’ Bithaman Ajil, Ijarah and Murabahah.

Shafika began her career as an advocate and solicitor in 1995 undertaking a mixture of conveyancing, corporate and litigation matters. Over the years she has gained vast experience in the drafting of a variety of legal documentations ranging from banking and financing, corporate commercial, mergers and acquisitions, capital markets, licensing, sponsorships and consultancy agreements.

In 2002, Shafika headed the Real Estate Practice Group in Messrs Azmi & Associates wherein one of her major assignments was to advise and oversee the acquisition by the distributor of Malaysia’s national car of land and buildings all over Peninsular Malaysia. She was also advising on issues relating to amalgamation, re-alienation and sub-division of lands, sale and purchase of commercial buildings and transfer of Malay Reserved Land and Bumiputra Lots to public listed companies.

Shafika subsequently was made Deputy Head of the Financial Services Practice Group where amongst others she advised several government linked companies in the formulation of their Islamic financing scheme for their employees and drafting of the requisite documents.

From Messrs Azmi & Associates, Shafika joined the Islamic division of Messrs Zaid Ibrahim & Co and attended to a variety of assignments related to Islamic banking, finance and investments both locally and internationally.

In 2005, Shafika joined Messrs Mohamed Ridza & Co as a partner wherein she has advised and assisted both investment bankers and issuers in the structuring and issuance of Islamic securities at both domestic and international levels utilizing various Shariah concepts such as Wakalah, Bai’ Bithaman Ajil, Ijarah and Murabahah. In May 2016, Shafika participated in a forum organised by Nasdaq Dubai in association with REDmoney training on Advanced Sukuk and Islamic Securitization aimed at structuring financing solutions for clients.

Languages

English and Malay

Member

Malaysian Bar

Education

L.L.B (Hons) from International Islamic University


Malaysia

Banking and finance

Within: Banking and finance

With a strong focus on Islamic finance, the department at Mohamed Ridza & Co counts most of Malaysia's largest banks among its clients. Name partner Mohamed Ridza and Sharifah Shafika Alsagoff are Islamic finance experts, as is Hafidah Aman Hashim, who also advises on conventional banking matters. She assisted MBSB Bank with converting many of its conventional loans to shari'ah-compliant facilities. Alsagoff acted for Al Rajhi Banking & Investment on RM15m-worth of Islamic facilities for NZ Wheels.

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Capital markets

Within: Capital markets

Noted for its deep expertise in shari'ah-compliant debt capital markets transactions, the team at Mohamed Ridza & Co is jointly led by managing partner Mohamed Ridza and Sharifah Shafika Alsagoff. Its clients are primarily financial institutions, including Maybank Investment Bank, AmInvestment Bank and RHB Investment Bank.

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Corporate and M&A

Within: Corporate and M&A

Corporate and finance boutique Mohamed Ridza & Co is especially strong when it comes to establishing joint ventures and related arrangements; Sharifah Shafika Alsagoff and Mohamad Nazran Basirun advised Lembaga Tabung Haji and Pelaburan Mara, respectively, on setting up separate joint ventures. Hafidah Aman Hashim is also active in the corporate and M&A space.

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Islamic finance

Within: Islamic finance

Mohamed Ridza & Co's department is steeped in Islamic finance experience, and acts for a diverse range of clients. Hafidah Aman Hashim advised MBSB Bank on converting around a quarter of its conventional loan portfolio to murabahah-governed facilities; Sharifah Shafika Alsagoff assisted Al Rajhi Banking & Investment with a RM15m Islamic facility to NZ Wheels. Managing partner Mohamed Ridza Abdullah heads the practice.

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Projects and energy

Within: Projects and energy

Especially strong in oil and gas, Mohamed Ridza & Co's department is led by Mohamad Nazran Basirun; he advised NGC Energy on its RM275m acquisition of Shell Malaysia Trading's liquefied petroleum gas (LPG) business. Other clients include BIV Global (M), Gas Malaysia and, on the financing side, CIMB Islamic Bank. Sharifah Shafika Alsagoff also handles projects and energy work.

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