MOHAMED RIDZA ABDULLAH
Tel: +603-2092 4822
Ridza has advised on a wide variety of corporate, financing and commercial matters including mergers and acquisitions of listed and non-listed entities, listings of public companies, joint venture and consortium agreements involving foreign and multinational companies, venture capitalist transactions, capital markets and real estate projects. He also advises broadly on major state and federal privatisation projects particularly in the oil and gas industry and property development. He has presented many papers in conferences on areas relating to corporate governance, financing, capital markets, mergers and acquisitions. He has written a chapter on “The Contribution and Functions of Independent Directors” for the Malaysian Institute of Corporate Governance (MICG) in collaboration with Securities Commission.
Being trained in Shari’ah as well as common law, Ridza leads one of the largest teams of Islamic finance in his firm where the firm has advised clients locally and internationally on various aspects of Islamic banking and finance utilizing various Shari’ah concepts like Al-Bai Bithamin Ajil, Ijarah, Istisna, Bai’ Inah, Bai’ Al-Dayn, Murabahah, Mudharabah, Musyarakah and the issuance of Islamic Private Securities using Al-Bai Bithamin Ajil, Murabahah, Ijarah, Mudharabah and Musyarakah. At the international scene, Ridza has advised clients in Singapore, the Middle East, the Philippines, Canada, Brunei, Indonesia, Turkey, Lebanon and Australia on various aspects of Islamic financing. This also includes the area of Islamic Asset Backed Securities. Ridza has advised several financial institutions on drafting standard Islamic corporate, retail and trade financing agreements. Ridza has spoken extensively in various conferences in the areas of Islamic Banking and Islamic Private Debt Securities and has delivered more than 100 papers. He has also given training to several public listed companies, financial institutions and governmental bodies including Bank Negara Malaysia and the Securities Commission.
On projects, Ridza has extensive experience negotiating local and international contracts on behalf of both employer and contractor in construction law specialising in oil, gas and petrochemical related contracts, in both the upstream and downstream areas. His experience ranges from the project execution stage which includes feasibility studies, project management, financing, tax planning, procurement, construction, commissioning licensing and operation with flexible schemes using reimbursable, guaranteed maximum price, alliance, risk/reward, reimbursable with ceiling, lump sum or turnkey concepts. This extends to also FPSO, charter party contracts, fabrication etc. In addition, he also advises oil & gas companies in production sharing contracts, risk service contracts and their corporate matters. His experiences in negotiating international contracts ranges from countries like Indonesia, Thailand, Singapore, Brunei, Iran, United States of America, France, Venezuela, Vietnam, Oman, Libya, India, Myanmar and Bangladesh.
Apart from the oil and gas industry, Ridza has also advised clients on light railway transit system, road projects, building contracts, tunnel contracts, cement plants and factories.
Having a background in finance as well, Ridza advises major corporations both local and international on financial and taxation matters particularly on corporate financing and optimising various taxation structures in countries within the Asia Pacific Region.
Ridza is now the managing partner of the firm. Prior to opening the firm, Ridza was a partner and was head of his division with Zaid Ibrahim & Co.
Ridza began his career as an advocate and solicitor at the firm of Rashid & Lee in Malaysia. He later joined Arab Malaysian Corporation Berhad as the group legal adviser. Being the group legal adviser, he was instrumental in setting up the legal department of the Amcorp Group of Companies. Ridza left Arab Malaysian to become the General Legal Counsel of Technip Asia Pacific based in Kuala Lumpur and was previously attached at Technip headquarters in Paris, France.
Ridza is a fellow of the Institute of Chartered Secretaries and Administrators (FCIS) and an Associate Member of the Chartered Institute of Arbitrators (ACI Arb). He sat as a council member of the Chartered Secretaries Malaysia from 2005 to 2008 and was a member of the Corporate Governance Committee and the National Investigation Committee of the Malaysian Association of Chartered Secretaries and Administrators (MAICSA). He is an accredited mediator with the Bar Council at Malaysia, a certified adjudicator and also a panel arbitrator with the Kuala Lumpur Regional Centre of Arbitration in the area of Islamic Banking & Finance. Ridza is also the Treasurer of LaWorld.
He has also represented Malaysia in international debating competitions and was champion of the Great Debate between Oxford and Cambridge in April 1994. Ridza is also a trainer with Securities Industry Development Corporation (training arm of Securities Commission) and Financial Sector Talent Enrichment Programme (FSTEP)(training arm of Institut Bank-Bank Malaysia). He has written a chapter on Independent directors in collaboration with the Securities Commission and has co-authored a book titled the “Law & Practice of Islamic Banking & Finance, First, Second and Third Edition”, “Sukuk Islamic Capital Market Series” and “The Life and Law of Fintech” published by Sweet & Maxwell Asia. He is one of the authors representing the Malaysian Jurisdiction in two oil & gas journals namely Getting the Deal Through – Gas Regulation and The International Comparative Legal Guide to: Oil & Gas Regulation.
He currently sits as an independent director on the board of Theta Edge Berhad (formerly known as Lityan Holdings Berhad) and Bank Islam Malaysia Berhad. He is the senior independent director and also the Chairman of the Audit Committee for Theta Edge Berhad. At Bank Islam Malaysia Berhad, he is also a member of the Audit & Examination Committee. He also sits as a member of the Remuneration Committee and Nomination Committee of Theta Edge Berhad.
Ridza was named as one of the world’s leading Islamic finance lawyers as voted by his peers in the industry.
Education & Qualifications
Ridza had his primary education at St. Paul’s Institution, Seremban and went to Sekolah Alam Shah, Kuala Lumpur for his secondary education. He read law at the International Islamic University Malaysia and graduated in 1992 with a First Class Honours. He is also a graduate of the Institute of Chartered Secretaries and Administrators (London). He was called to the Malaysian Bar in 1993.