This paper introduces a novel single-loop control scheme for voltage regulation in islanded inverters, using a proportional-integral-lead (PI-Lead) controller designed within the synchronous reference frame (SRF) through a loop-shaping approach. Commonly, dual-loop controllers have been employed for this purpose owing to several limitations, such as insufficient stability with a narrow gain margin, a trade-off between stability and bandwidth, and constrained bandwidth due to the need for a significantly lower outer voltage loop bandwidth compared to the inner current one. The proposed method overcomes these challenges by integrating a Lead compensator, which enhances voltage regulation by eliminating steady-state error, improving stability margins, and providing a fast transient response while maintaining robustness against model parameter variations. Additionally, the control strategy reduces dependence on current measurements, except when dealing with inductive loads where virtual resistor-based active damping is necessary. Despite the challenges posed by multi-resonance phenomena and coupling effects inherent in single-loop SRF-based modeling, a comprehensive frequency-domain analysis is performed, with systematic controller parameter design guidelines to mitigate multi-gain crossover issues. Rigorous experimental results validate the theoretical findings and simulations, demonstrating the superior performance and practical effectiveness of the proposed control strategy compared to existing methods.