Lee Hishammuddin Allen & Gledhill

Corporate

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 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 2024. He was also recently acknowledged as a "Leading Individual" for both Islamic Finance and Capital Markets practices on The Legal 500 Asia Pacific 2024 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 2023/2024 lawyer rankings.

English, Malay, Arabic

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