Lee Hishammuddin Allen & Gledhill covers a wide scope of banking and finance work, notably syndicated loans, project finance, asset finance, equipment financing, bank branch establishment and restructuring. The group is also well versed in Shariah-compliant finance work. Tay Weng Hwee spearheads the practice, which benefits from his expertise in debt issuance, mezzanine financing and financial restructuring matters. Megat Hizaini Hassan is a key name in the group for his expertise in Islamic finance, particularly in sukuk mandates. Bella Chu Chai Yee is the go-to for cross-border financing and real estate funding.
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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 frequently advises financial institutions on complex Sukuk structures and is particularly well-versed in advising on banking regulatory matters relating to Shari'a-compliant products. 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” for Banking & Finance, as well as on the “Spotlight Table” for Islamic Finance by Chambers Asia-Pacific 2026. He was also recently acknowledged as a “Leading Partner” for Banking and Finance (including Islamic Finance) and Capital Markets practices on The Legal 500 Asia Pacific 2025 rankings. In 2022, he was noted as one of Malaysia’s Top 100 lawyers in The A-List by the Asia Business Law Journal. He was also recently ranked as “Highly Regarded” in the IFLR1000 2024 lawyer rankings for Banking and Islamic Finance.
Languages
English, Malay, Arabic
Education
- LLM (Law), University of Cambridge
- LLM (Law), Harvard University
- LLB (Hons), International Islamic University of Malaysia (IIUM)
- Advocate & Solicitor of the High Court of Malaya
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