Chambers Review
Provided by Chambers
Banking & Finance - Malaysia
What the Team is Known For
Zul Rafique & Partners has a standout banking group in Malaysia that provides expert legal advice on all aspects of conventional, Islamic and debt-related financial transactions. The firm is especially skilled in complex debt restructuring, revolving credit facilities, acquisition finance and project finance. The team is well known for its handling of DCM deals, especially sukuk. The firm acts for prominent Malaysian and international borrowers and lenders, advising on deals in a range of sectors including real estate and infrastructure.
Strengths
They have a good understanding of complex structures and help to provide novel solutions to complex problems.
They are able to provide solutions. Experienced partners on the team are directly involved in the transaction.
Work Highlights
The firm advised OCBC Al-Amin Bank on granting a USD175 million Islamic green term financing facility to RHB Islamic Bank.
Zul Rafique & Partners advised Petronas Dagangan on an Islamic commercial papers programme and an Islamic MTN programme with a combined aggregate limit of up to MYR10 billion in nominal value, based on the Shariah principle of Wakalah Bi Al-Istithmar.
Notable practitioners
Celine Rangithan is well recognised her practice assisting leading banks, as well as borrowers, with a particular focus on DCM in Malaysia. She frequently advises on murabaha structures and conventional financing, including in the projects space.
She is our go-to lawyer in Malaysia for banking transactions. Her advice is prompt, sound and commercially sensible.
Chan Kwan Hoe is a partner at Zul Rafique & Partners. He is well-reputed in Malaysia's banking and finance legal market, acting for foreign and local financial institutions. He has expertise in MTN programmes, including sukuk, and advises on deals in such sectors as real estate.
He is an experienced partner who is responsive and very conscious of timelines for deliverables.