Section 59

An Islamic financial institution shall comply with any written circulars, guidelines or notices issued by the Bank under subsection (1)

and within such time as may be set out in the circulars, guidelines or notices.

Any person who fails to comply with any circulars, guidelines or notices issued by the Bank under subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding three million ringgit.

Promotion of Malaysia as an international Islamic financial centre