Adnan Sundra & Low’s leading Islamic finance practice offers its know-how to a variety of local and international clients, including offshore funds, financial institutions, developers and government agencies. The firm has demonstrable experience in negotiating and documenting complex Islamic financial structures and is particularly skilled at advising on Islamic exchangeable bonds issuances, where recent standout work includes handling the world’s first perpetual Sukuk. The team is collectively led by the following practitioners: expert Adrian Chee Meng Yang, who focuses on sustainability-linked Islamic finance, specialist Deepak Sadasivan who handles Islamic stapled securities transactions, Edward NG Foo Yuen, Gan Kok Ling, Putri Norlisa Najib, Kim Lim, and Hairolnisah Hamdan.

Boasting a well-established Islamic finance practice, the team at Albar & Partners advises on a wide range of transactions including Sukuks, Islamic medium term notes programmes, and other Shariah products. The firm counts leading local and financial institutions, investment banks, and insurance companies amongst its key roster of clients, which includes the likes of Maybank Investment Banking and AmInvestment Bank. Chung Swee Loong leads the banking and finance practice and advises on innovative Islamic structures, whilst Sharifah Dalilah Albar focuses on Sukuk programmes. Lily Tan Chea Li left the firm in February 2024.

Lee Hishammuddin Allen & Gledhill’s Islamic finance team has a stellar reputation and is led by Tay Weng Hwee, who advises on various legal documentation and issues regarding Islamic banking facilities. Counting major lenders, borrowers, and financial institutions amongst its key roster of clients, the department advises on Shariah-compliant financing, Malaysian and foreign currency-denominated transactions, and has recently extended its expertise to include working on Shariah fintech financing products. Megat Hizaini Hassan’s presence bolsters the strength of the team, thanks to his expertise on Sukuk mandates, Murabahah and Ijarah transactions, and Islamic investment work.

With strong foundations in banking and finance and debt capital markets, Zul Rafique & Partners’ Islamic finance practice is well-equipped to advise an array of local and international financial institutions. The firm frequently advises on Islamic medium-term notes programmes and commercial papers, in addition to structures involving Shariah principles such as Musyarakah, Mudharaba, Murabaha, Istisna, and Ijarah. Expert Loh Mei Mei leads the team alongside Ashela Ramaya, Kung Suan Im, Celine Rangithan , and Chan Kwan Hoe, all of whom have demonstrable experience in sustainability-linked Sukuks.

Rahmat Lim & Partners has established itself as a leader in the banking and finance and capital markets spheres, allowing it to benefit from a steady pipeline of Islamic finance engagements. Led by Wan Kai Chee, who principally focuses on fintech and investment funds, the firm has demonstrable experience in Islamic finance contracts, including financing under the principles of Ijarah, Mudharabah, and Musharakah. Acting for major regional banks including the likes of Maybank Investment and RHB, the team also counts Sukuk issuances and medium-term notes programmes within its scope of work. Kelvin Loh, Azman bin Othman Luk, and Syed Rashid bin Rahim Alsree are key members of the department.

Shearn Delamore & Co’s Islamic finance practice builds upon its well-established background in banking and finance, in addition to its strong relationships with Malaysia’s leading banks and financial institutions. The firm advises on Sukuk issuances, Islamic securities investments and derivatives, and Islamic medium-term note programmes. Elsewhere, the team acts for Islamic financiers in advising on innovative Islamic products involving Shariah principles such as Murabahah, Tawarruq, and Hiwalah. Christina Kow leads the department and Pamela Kung is a notable member of the group.

The Islamic finance practice at Wong & Partners is led by Mark Lim, who is experienced in advising on conventional and Shariah-compliant financing for acquisitions, project development, and refinancing. Engaged by local and international banks and financial institutions, the firm is regularly engaged in cross-border work and Sukuk programmes. Elaine Foo is a notable member of the group and focuses on the issuance of Islamic debt capital market instruments including medium term notes programmes, whilst Esther Chik often represents corporate borrowers in various Islamic finance transactions.

Mohamed Ridza & Co’s Islamic finance offering advises domestic and international financial institutions and investment banks on various syndication exercises, cross-border financings, and debt restructuring exercises. The firm is particularly experienced at drafting Islamic financing documents, preparing Shariah-compliant corporate agreements, and converting conventional loans into Islamic facilities. Renowned Mohamed Ridza Abdullah leads the practice and is equipped with a strong banking and finance background, alongside Naseem Binti Mohamed Abdulla and Shazana Abdul Aziz.

Led by Chew Phye Keat, the Islamic finance team at Raja, Darryl & Loh advises on various Shariah principles. The practice regularly advises Islamic banking clients on potential new products, in addition to assisting with regulatory and governance considerations. The firm has demonstrable experience in advising digital banks on their Islamic finance products, as well as handling compliance work. Syed Adam Alhabshi is a key member of the group.