Malaysia legislation

Section 33L

of *DEVELOPMENT FINANCIAL INSTITUTIONS ACT 2002

Section 33L

A member of a Shariah committee shall not be liable—

(a)

for a breach of a duty of confidentiality between such member and the prescribed institution in respect of—

(i)

any reporting to the Bank; or

(ii)

the carrying out of his functions and duties, pursuant to any standards specified by the Bank under subsection 33E(2) which was done or made in good faith;

or

(b)

to be sued in any court for defamation in respect of any statement made by the member without malice in the carrying out of his functions and duties under this Act.