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Rankings published in 2026
Banking and finance
Tier 1
34 firms ranked
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Tier 1

Adnan Sundra & Low
10 practice areas
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Albar & Partners
10 practice areas
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Rahmat Lim & Partners
11 practice areas
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Wong & Partners
10 practice areas
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Zaid Ibrahim & Co
10 practice areas
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Zul Rafique & partners
8 practice areas
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Tier 2

Christopher & Lee Ong
10 practice areas
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Lee Hishammuddin Allen & Gledhill
10 practice areas
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Shearn Delamore & Co
10 practice areas
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Shook Lin & Bok
8 practice areas
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Skrine
10 practice areas
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Tier 3

Abdullah Chan & Co
8 practice areas
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Azmi & Associates
10 practice areas
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Cheang & Ariff
10 practice areas
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Jeff Leong Poon & Wong
8 practice areas
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KMD LEE & Co
3 practice areas
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Kadir Andri & Partners
10 practice areas
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Raja Darryl & Loh
8 practice areas
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Tay & Partners
8 practice areas
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Zain & Co
9 practice areas
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Tier 4

Chooi & Company
11 practice areas
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Foong & Partners
10 practice areas
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Halim Hong & Quek
6 practice areas
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Lee Choon Wan & Co
6 practice areas
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Trowers & Hamlins
3 practice areas
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Notable

HL Lee & Co
7 practice areas
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Kuek, Ong & Associates
3 practice areas
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MahWengKwai & Associates
4 practice areas
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Mohamed Ridza & Co
1 practice area
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Nazmi Zaini Chambers
6 practice areas
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Rosli Dahlan Saravana Partnership
9 practice areas
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Tan Norizan & Associates
3 practice areas
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Zharif Nizamuddin
4 practice areas
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Zi Li & Partners
4 practice areas
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Capital markets : Debt
Tier 1
19 firms ranked
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Tier 1

Adnan Sundra & Low
10 practice areas
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Albar & Partners
10 practice areas
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Rahmat Lim & Partners
11 practice areas
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Zul Rafique & partners
8 practice areas
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Tier 2

Christopher & Lee Ong
10 practice areas
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Lee Hishammuddin Allen & Gledhill
10 practice areas
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Wong & Partners
10 practice areas
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Zaid Ibrahim & Co
10 practice areas
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Tier 3

Azmi & Associates
10 practice areas
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Jeff Leong Poon & Wong
8 practice areas
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Mah-Kamariyah & Philip Koh
7 practice areas
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Raja Darryl & Loh
8 practice areas
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Shearn Delamore & Co
10 practice areas
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Shook Lin & Bok
8 practice areas
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Skrine
10 practice areas
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Wong Beh & Toh
6 practice areas
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Zain & Co
9 practice areas
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Tier 4

Chooi & Company
11 practice areas
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Notable

Teh & Lee
9 practice areas
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Capital markets : Equity
Tier 1
28 firms ranked
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Tier 1

Adnan Sundra & Low
10 practice areas
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Albar & Partners
10 practice areas
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Cheang & Ariff
10 practice areas
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Rahmat Lim & Partners
11 practice areas
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Tier 2

Christopher & Lee Ong
10 practice areas
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Kadir Andri & Partners
10 practice areas
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Wong Beh & Toh
6 practice areas
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Zul Rafique & partners
8 practice areas
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Tier 3

Azmi & Associates
10 practice areas
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Foong & Partners
10 practice areas
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Jeff Leong Poon & Wong
8 practice areas
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Lee Hishammuddin Allen & Gledhill
10 practice areas
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Mah-Kamariyah & Philip Koh
7 practice areas
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Ong Eu Jin Partnership
1 practice area
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Raja Darryl & Loh
8 practice areas
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Rosli Dahlan Saravana Partnership
9 practice areas
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Shearn Delamore & Co
10 practice areas
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Tay & Partners
8 practice areas
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Wong & Partners
10 practice areas
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Zaid Ibrahim & Co
10 practice areas
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Notable

Gan Lee & Tan
5 practice areas
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Halim Hong & Quek
6 practice areas
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Lee & Poh Partnership
6 practice areas
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Lee Choon Wan & Co
6 practice areas
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Skrine
10 practice areas
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Teh & Lee
9 practice areas
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Wei Chien & Partners
3 practice areas
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Zain & Co
9 practice areas
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M&A
Tier 1
45 firms ranked
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Tier 1

Adnan Sundra & Low
10 practice areas
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Christopher & Lee Ong
10 practice areas
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Rahmat Lim & Partners
11 practice areas
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Shearn Delamore & Co
10 practice areas
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Skrine
10 practice areas
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Wong & Partners
10 practice areas
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Tier 2

Azmi & Associates
10 practice areas
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Kadir Andri & Partners
10 practice areas
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Lee Hishammuddin Allen & Gledhill
10 practice areas
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Raja Darryl & Loh
8 practice areas
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Zaid Ibrahim & Co
10 practice areas
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Zul Rafique & partners
8 practice areas
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Tier 3

Abdullah Chan & Co
8 practice areas
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Albar & Partners
10 practice areas
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Cheang & Ariff
10 practice areas
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Chooi & Company
11 practice areas
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Foong & Partners
10 practice areas
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Mah-Kamariyah & Philip Koh
7 practice areas
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Murad Yee Partnership
10 practice areas
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Shook Lin & Bok
8 practice areas
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Zain & Co
9 practice areas
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Tier 4

HL Tan Lim & Partners
6 practice areas
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Jeff Leong Poon & Wong
8 practice areas
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Naqiz & Partners
8 practice areas
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Ramesh Dipendra Jeremiah Law
2 practice areas
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Tay & Partners
8 practice areas
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Wong Beh & Toh
6 practice areas
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Tier 5

Aaron Sankar & Co
3 practice areas
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LAW Partnership
3 practice areas
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Lim Jo Yan & Co
2 practice areas
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Sedgley & Co
5 practice areas
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Notable

Daniel & Wong
1 practice area
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Donovan & Ho
3 practice areas
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Gan Lee & Tan
5 practice areas
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HL Lee & Co
7 practice areas
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Halim Hong & Quek
6 practice areas
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Lee & Poh Partnership
6 practice areas
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Low & Partners
1 practice area
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MahWengKwai & Associates
4 practice areas
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Nazmi Zaini Chambers
6 practice areas
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Rosli Dahlan Saravana Partnership
9 practice areas
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Teh & Lee
9 practice areas
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Wei Lih Ho & Co., in association with Deloitte Legal
2 practice areas
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Zharif Nizamuddin
4 practice areas
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Zi Li & Partners
4 practice areas
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Project development : Energy
Tier 3
15 firms ranked
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Tier 1

Christopher & Lee Ong
10 practice areas
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Rahmat Lim & Partners
11 practice areas
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Skrine
10 practice areas
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Tier 2

Lee Hishammuddin Allen & Gledhill
10 practice areas
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Zaid Ibrahim & Co
10 practice areas
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Zain & Co
9 practice areas
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Tier 3

Adnan Sundra & Low
10 practice areas
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Albar & Partners
10 practice areas
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Kadir Andri & Partners
10 practice areas
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Shearn Delamore & Co
10 practice areas
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Wong & Partners
10 practice areas
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Notable

D&P Law Group (David & Paulian)
4 practice areas
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Foong & Partners
10 practice areas
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Nazmi Zaini Chambers
6 practice areas
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Rosli Dahlan Saravana Partnership
9 practice areas
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Project development : Infrastructure
Tier 2
21 firms ranked
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Tier 1

Christopher & Lee Ong
10 practice areas
View full profile
Rahmat Lim & Partners
11 practice areas
View full profile
Skrine
10 practice areas
View profile

Tier 2

Adnan Sundra & Low
10 practice areas
View profile
Kadir Andri & Partners
10 practice areas
View full profile
Lee Hishammuddin Allen & Gledhill
10 practice areas
View profile
Zaid Ibrahim & Co
10 practice areas
View full profile
Zul Rafique & partners
8 practice areas
View profile

Tier 3

Albar & Partners
10 practice areas
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Raja Darryl & Loh
8 practice areas
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Wong & Partners
10 practice areas
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Zain & Co
9 practice areas
View profile

Tier 4

Azmi & Associates
10 practice areas
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Chooi & Company
11 practice areas
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Shearn Delamore & Co
10 practice areas
View full profile
Shook Lin & Bok
8 practice areas
View profile

Notable

Abdullah Chan & Co
8 practice areas
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Foong & Partners
10 practice areas
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Jeff Leong Poon & Wong
8 practice areas
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MahWengKwai & Associates
4 practice areas
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Rosli Dahlan Saravana Partnership
9 practice areas
View profile
Linked Reviews
Financial and corporate

Adnan Sundra & Low is one of the leading law firms based in Kuala Lumpur, Malaysia. Established in August 1975 under the name of Mutalib Sundra & Low, the firm has operated under its present name since June 1982. Apart from the domestic practice, the firm has five foreign desks capable of handling cross-border transactions including China, India, Japan, Korea and SEA desks. The firm became the TAGLaw member for Malaysia in 2022.

 

Focusses / specialisms

Adnan Sundra & Low is well known for its strength in Islamic finance. It boasts market-leading banking and finance and capital markets practices and has well-established M&A and projects practices. Its banking and finance team is one of the largest in Malaysia.

The firm is active across a diverse range of sectors including oil and gas, real estate, construction, transport, renewable energy, technology and telecommunication, and logistics.

 

Key clients

Key clients of the firm include Axiata Group, AmInvestment Bank, Hong Leong Investment Bank, Maybank Investment Bank, BNP Paribas, CIMB Investment Bank, Citigroup Global Markets Limited, DBS Bank, MUFG Securities Asia Limited and OCBC Bank (Malaysia)

 

Research period review: 33rd edition (2022/2023)

During the research period, the firm was active in the area of banking and finance, capital markets, civil aviation, corporate and commercial, Islamic finance and real estate.

 

The firm was particularly active in Islamic debt capital markets and equity capital markets. During the research period, the firm has been involved in a number of high-profile sukuk programmes, often advising arrangers. The firm was also active in acquisition and project financing, advising both lenders and borrowers.

 

The corporate team kept busy handling domestic and cross-border mergers and acquisitions. The team also regularly advises clients in transactions related to disposals, trade-sale deals, private equity investments as well as acquisitions involving special purpose acquisition companies. Active industry sectors include financial services, telecommunication, oil & gas, energy, healthcare, education, technology, retail and manufacturing.

 

In the project space, the firm continued to provide legal advice in relation to sectors including renewable energy, power, oil & gas, rail, water, toll roads, large integrated developments and townships, airports, utilities, hotels, facilities management and theme parks.

 

Deal highlights: 33rd edition (2022/2023)

Amanat Lebuhraya Rakyat’s issuance of a RM5.5 billion ($1.2 billion) sustainability sukuk Murabahah programme.

TNB Power Generation’s issuance of RM1.5 billion sustainability Islamic medium-term notes.

Farm Fresh’s RM1 billion IPO on the Main Market of Bursa Malaysia Securities.

The over $12 billion merger of the telco operations of Celcom Axiata and Digi.com.

 

Client feedback: 33rd edition (2022/2023)

Banking and finance

“Very responsive and technically very competent.”

“Swift turnaround time and attentive.”

M&A

“Knowledgeable and provides practical solutions.”

Adrian Chee Meng Yang

“Calm demeanour and thinks strategically.”

Chioh Jia Chiam

“Attentive and swift turnaround time. Able to explain something complex as simple in a fast and easy-to-understand manner.”

12 results12 results
Deal Highlights
57 results57 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Kenanga Investment Bank Bhd - Bond Issue
2021-05-01
Adnan Sundra & Low
Malaysia
Bond issue
Kenanga Investment Bank Bhd
Issuer
Exsim Capital Resources Bhd - Bond Issue
2021-07-01
Adnan Sundra & Low
Malaysia
Bond issue
Exsim Capital Resources Bhd
Issuer
OCR Land Holdings Sdn Bhd - Bond Issue
2021-01-01
Adnan Sundra & Low
Malaysia
Bond issue
OCR Land Holdings Sdn Bhd
Issuer
Imtiaz Sukuk II Bhd - Bond Issue
2021-04-01
Adnan Sundra & Low
Malaysia
Bond issue
Imtiaz Sukuk II Bhd
Issuer
Cypark Resources Bhd - Bond Issue
2021-02-01
Adnan Sundra & Low
Malaysia
Bond issue
Cypark Resources Bhd
Issuer
Qingdao West Coast Development Group Co - Bond Issue
2021-06-01
Adnan Sundra & Low
China (National)
Bond issue
Qingdao West Coast Development Group Co
Issuer
HUA YANG BERHAD - Bond Issue
2021-08-01
Adnan Sundra & Low
Malaysia
Bond issue
RHB Bank Bhd
Underwriter
Mumtaz Rakyat Sukuk Bhd - Bond Issue
2021-06-01
Adnan Sundra & Low
Malaysia
Bond issue
Maybank
Underwriter
Sunway Treasury Sukuk Sdn Bhd - Bond Issue
2021-07-01
Adnan Sundra & Low
Malaysia
Bond issue
Sunway Treasury Sukuk Sdn Bhd
Issuer
Pac Lease Bhd - Bond Issue
2021-08-01
Adnan Sundra & Low
Malaysia
Bond issue
Pac Lease Bhd
Issuer
reNIKOLA Solar Sdn Bhd - Bond Issue
2021-05-01
Adnan Sundra & Low
Malaysia
Bond issue
reNIKOLA Solar Sdn Bhd
Issuer
Midciti Sukuk Bhd - Bond Issue
2021-04-01
Adnan Sundra & Low
Malaysia
Bond issue
Midciti Sukuk Bhd
Issuer
Cypark Renewable Energy Sdn Bhd - Bond Issue
2021-04-01
Adnan Sundra & Low
Malaysia
Bond issue
Cypark Renewable Energy Sdn Bhd
Issuer
Sunway Treasury Sukuk Sdn Bhd - Bond Issue
2021-09-01
Adnan Sundra & Low
Malaysia
Bond issue
Sunway Treasury Sukuk Sdn Bhd
Issuer
RHB Bank Bhd - Bond Issue
2021-04-01
Adnan Sundra & Low
Malaysia
Bond issue
RHB Bank Bhd
Issuer
Maybank - Bond Issue
2021-10-01
Adnan Sundra & Low
Malaysia
Bond issue
Maybank
Issuer
Malaysian Resources Corp Bhd - Bond Issue
2021-10-01
Adnan Sundra & Low
Malaysia
Bond issue
Malaysian Resources Corp Bhd
Issuer
Mah Sing Group Bhd - Bond Issue
2021-10-01
Adnan Sundra & Low
Malaysia
Bond issue
Hutchinson Lilley Investments
Underwriter
West Coast Expressway Sdn Bhd - Bond Issue
2021-10-01
Adnan Sundra & Low
China (National)
Bond issue
West Coast Expressway Sdn Bhd
Issuer
Sunway Treasury Sukuk Sdn Bhd - Bond Issue
2021-10-01
Adnan Sundra & Low
Malaysia
Bond issue
Sunway Treasury Sukuk Sdn Bhd
Issuer
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IFLR1000
Newly integrated firm takes ASL’s total partner count to 22
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