Section 49
Section 49
Any director, officer or employee of an Islamic bank, or other persons being persons receiving remuneration from the Islamic bank, who asks for or receives, consents or agrees to receive any gift, commission, emolument, service, gratuity, money, property or thing of value for his own personal benefit or advantage or r destroys any report, business, assets or causes any concealed iviction be ringgit or e years or ion of this m, society t the time ector, maeof or was deemed to the offence vance and t the comexercised ns in that er this Act omission, ne punish-neglect or of the clerk , omission, or servant agent when the clerk or nurse of his id the act, sed by the under this an Islamic remuneor receives commission, ty or thing advantage or
ISLAMIC BANKING for that of any of his relatives, from any person other than from that bank, for procuring or endeavouring to procure for any person any advance, loan or credit facility from that bank or the purchase or discount of any draft, note, cheque, bill of exchange or other obligations by the bank, or for permitting any person to overdraw any account with that bank, shall be guilty of an offence and shall on conviction be liable to a fine not exceeding twenty thousand ringgit or to imprisonment for a term not exceeding three years or to both such fine and imprisonment.