Malaysia legislation

Section 23

of Act 434

Section 23

Paragraph 1 of Schedule 2 to the principal Act is amended by substituting for the interpretation of "Islamic bank" the following new interpretation of "Islamic bank" in subparagraph (1):

Act 276. "Islamic bank" has the meaning assigned to it under the Islamic Banking Act 1983 and includes a person carrying on banking or financing activities in accordance with the Syariah.'

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