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Lee Hishammuddin Allen & Gledhill

Islamic Finance 101

Soft-spoken yet assertive, Lee Hishammuddin Allen & Gledhill partner Megat Hizaini Hassan is the resident authority on Islamic finance.

Well versed in Shariah-compliant financial or investment transactions, he effortlessly launches into the rudiments of Islamic banking, peppering the conversation with references to Sukuk MurabahahTawarruq and Bai‘ Bithaman Ajil.

Megat also discusses the immense popularity of Sukuk among non-Islamic corporate entities for fundraising purposes, and how a Shariah board governing an Islamic bank functions differently from the Shariah Advisory Council that oversees regulators such as Bank Negara Malaysia and Securities Commission Malaysia.

For the interview, please click here.

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