Section 19
Section 19
Every Islamic bank shall send to the Central Bank in such form as may be prescribed by the Central Bank—
(a)
a statement showing the liabilities and assets of its banking offices and branches in Malaysia at the close of business on the last business day of each month within such period as may be prescribed by notice in writing from time to time by the Central Bank;
(b)
a statement giving an analysis of loans, advances and investment of its banking offices and branches in Malaysia as at such intervals and within such period as may be prescribed by notice from time to time by the Central Bank;
(c)
not later than six months after the close of its financial year, a statement showing the income and expenditure in respect of its business in Malaysia;
(d)
notwithstanding the provisions of subsection (3) of section 34, a statement showing such credit information of its customers as is required for the purposes of the credit bureau established ormation as it explanation, o the balance arded by that (1) and that ch period and y require.
mply with the of an offence not exceeding o the Central by the Central s and assets of in Malaysia at business day od as may be from time to sis of loans banking offices such intervals be prescribed by the Central the close of its ng the income ts business in subsection (3) ng such credit is required for au established
ISLAMIC BANKING under section 30 (1) (mmm) of the Central Bank of Malaysia Ordinance 1958 at such intervals and within such period as may be prescribed by notice in writing from time to time by the Central Bank; and
(e)
any such statistical information as may be requested by the Central Bank.
(2)
Except for the purposes of paragraphs(d) of subsection (1), any information received from a bank under this section shall be regarded as secret between that bank and the Central Bank.
(3)
Any Islamic bank which fails to comply with any requirement set out in subsection (1) shall be guilty of an offence and shall on conviction be liable to a fine not exceeding four thousand ringgit for every day during which the default continues.
(4)
It shall be the responsibility of the Central Bank to prepare and publish consolidated statements aggregating the figures in the returns furnished under paragraphs (a) and (b) of subsection (1).