Section 32

The Minister may at any time direct the Central Bank to make an investigation, under conditions of secrecy, of the books, accounts and transactions of an Islamic bank, if he has reason to believe such Islamic bank is carrying on its business in a manner detrimental to the interests of its depositors and other creditors, or has insufficient assets to cover its liabilities to the public, or is contravening the provisions of this Act or of the Central Bank of Malaysia Ordinance 1958.