Megat Hizaini Hassan is the latest addition to the line-up of partners at Lee Hishammuddin Allen & Gledhill. An alumnus of the International Islamic University of Malaysia (IIUM), he also holds Master of Laws (LLM) degrees from the University of Cambridge, UK, and Harvard Law School, US. He was a Cambridge Commonwealth Trust scholar at Cambridge, International Islamic University scholar at Harvard and a Royal Dutch/Shell scholar at IIUM. He was called to the Malaysian Bar in 1991.

Megat is well versed in matters relating to Islamic banking and finance, as well as corporate legal and regulatory developments. He has advised local and international 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 in Malaysia and abroad. These include structuring and documentation of Islamic financing facilities and investment structures such as:

  • Murabahah (cost plus sale);
  • Commodity Murabahah/Tawarruq (three-party sale and purchase transaction);
  • Ijarah and Ijarah Muntahiyah Bit-Tamlik (Islamic lease and hire purchase);
  • Bai' Istisna' (construction contracts);
  • Bai' Salam (advance sale);
  • Qard Hasan (benevolent/interest-free loan);
  • Bai' Bithaman Ajil (or BBA, sale with deferred payment);
  • Bai' ‘Inah (sale and buyback transaction);
  • Musharakah (profit and loss sharing structure); and
  • Mudharabah (profit sharing structure).

He has also been recognised as one of the leading lawyers in his area of practice, through publications such as International Financial Law Review’s Guide to the World's Leading Islamic Finance Lawyers and Expert Guides, Chambers Asia as well as Islamic Finance News’ Leading Lawyers Directory.

Prior to joining Lee Hishammuddin Allen & Gledhill, Megat was with another major law firm in Malaysia, where he headed the firm’s Islamic banking and finance practice and also served as director of a Shariah compliance advisory firm registered with the Securities Commission Malaysia. He was also a lecturer at the Kulliyyah of Laws, International Islamic University, Malaysia.

A co-author of The Law and Practice of Islamic Banking and Finance (second edition published in 2010 by Sweet & Maxwell), Megat has also written on the subject for several publications. He has served as a lecturer at the Ahmad Ibrahim Kulliyyah of Laws, IIUM, and continued to teach at the same university on a guest lecturer/part-time basis. In addition, he has presented at various seminars and conferences on legal and regulatory issues concerning Islamic finance.

Apart from Malay and English, Megat speaks basic Arabic.

Megat joined Lee Hishammuddin Allen & Gledhill in January 2011 as a partner in the Financial Services practice group, where he heads Islamic Finance.        


Practice Areas:
  • Islamic Finance

Qualifications:

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


Admitted in:

1991      Advocate and Solicitor of the High Court of Malaya

 

Email: mh@lh-ag.com
Tel: +03 2165 8412
Fax: +03-2161 3933