See how we do it

See how we do it

ISLAMIC FINANCE

OUR PRACTICE / ISLAMIC FINANCE

• Acting for an impressive clientele incorporating both investment and commercial banks and other high-calibre financial institutions, Albar & Partners continues to garner respect in the region for its Islamic finance practice.
  
  – Chambers Asia-Pacific Guide –

As one of the country’s legal pioneers in Islamic finance practice area in Malaysia since it was first introduced in the country, we have played a pivotal role in the country’s first ever Islamic securitisation programme under the Shariah principle of Musyarakah arising out of a tri-partite Istisna’ contract. In addition, we take great pride in being involved in the world’s first ever Islamic principle-based plantation real estate investment trust.

Always ranked in the top tier, we retain such ranking by keeping ourselves abreast on the latest development of Islamic finance to respond to the ever-expanding needs of the industry.

Drawing on our vast knowledge of not just in the basic foundations, but in the philosophy and application of Shariah principles, we are instrumental in advising and structuring numerous innovative Islamic financing transactions.

 

Key Contacts

Chung Swee Loong
Senior Partner
SLChung@albar.com.my

Sharifah Dalilah
Partner
Dalilah@albar.com.my

DEAL HIGHLIGHTS

• Advised Hong Leong Investment Bank Berhad on the Sukuk Murabahah of RM 350 million issued by Quill Retail Malls Sdn Bhd.
• Advised CIMB Investment Bank Berhad on the issuance of perpetual Sukuk of RM 2 billion by DRB-HICOM Bhd.
• Advised Weststar Aviation Services Sdn Bhd, the largest offshore aviation transport service provider in South East Asia, in its RM 1.9 billion syndicated Islamic financing.
• Advised Maybank Investment Bank Berhad on the Sukuk Murabahah of RM 1.3 billion issued by QSR Stores Sdn Bhd.
• Advised BNP Paribas Malaysia Berhad and Standard Chartered Saadiq Berhad on the establishment of Sukuk Wakalah programme of RM 500 million by Lafarge Cement Sdn Bhd.
• Advised AmInvestment Bank Berhad and United Overseas Bank (Malaysia) Berhad on the Green SRI Sukuk Wakalah of RM 245 million issued by Sinar Kamiri Sdn Bhd to partly finance the construction of a solar power plant.

AWARDS

• Alpha Southeast Asia: Best Murabahah Deal in Southeast Asia 2017 – Sukuk Murabahah by Quill Retail Malls Sdn Bhd.
• The Asian Lawyer: Islamic Finance Deal of the Year 2015 – Perpetual Sukuk by DRB-HICOM Bhd.

DEAL HIGHLIGHTS

• Advised Hong Leong Investment Bank Berhad on the Sukuk Murabahah of RM 350 million issued by Quill Retail Malls Sdn Bhd.
• Advised CIMB Investment Bank Berhad on the issuance of perpetual Sukuk of RM 2 billion by DRB-HICOM Bhd.
• Advised Weststar Aviation Services Sdn Bhd, the largest offshore aviation transport service provider in South East Asia, in its RM 1.9 billion syndicated Islamic financing.
• Advised Maybank Investment Bank Berhad on the Sukuk Murabahah of RM 1.3 billion issued by QSR Stores Sdn Bhd.
• Advised BNP Paribas Malaysia Berhad and Standard Chartered Saadiq Berhad on the establishment of Sukuk Wakalah programme of RM 500 million by Lafarge Cement Sdn Bhd.
• Advised AmInvestment Bank Berhad and United Overseas Bank (Malaysia) Berhad on the Green SRI Sukuk Wakalah of RM 245 million issued by Sinar Kamiri Sdn Bhd to partly finance the construction of a solar power plant.

AWARDS

• Alpha Southeast Asia: Best Murabahah Deal in Southeast Asia 2017 – Sukuk Murabahah by Quill Retail Malls Sdn Bhd.
• The Asian Lawyer: Islamic Finance Deal of the Year 2015 – Perpetual Sukuk by DRB-HICOM Bhd.