Malaysia legislation
Section 23B
Section 23B
The Shariah Advisory Committee shall have the following functions:
(a)
to ascertain the application of Shariah principles on any matter relating to the accounts of the members of the
Fund whose elections under section 43A have come into effect;
(b)
to advise the Board and the Investment Panel on any matter relating to Shariah and the application of Shariah principles on any matter relating to the accounts of the
26 Laws of Malaysia members of the Fund whose elections under section 43A have come into effect;
(c)
such other functions as may be prescribed by the Board.
Appointment of members of Shariah Advisory Committee