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In forceUpdated to 2 Jan 2025Read it in Bahasa Malaysia
Contents

Part IX · Business Conduct and Consumer Protection

145. Secrecy

(1)

No person who has access to any document or information relating to the affairs or account of any customer of an Islamic financial institution, including—

(a)

the Islamic financial institution; or

(b)

any person who is or has been a director, officer or agent of the Islamic financial institution, shall disclose to another person any document or information relating to the affairs or account of any customer of the Islamic financial institution.

(2)

Subsection (1) shall not apply to any document or information relating to the affairs or account of any customer of an Islamic financial institution—

142

(a)

that is disclosed to the Bank, any officer of the Bank or any person appointed under this Act or the Central Bank of

Malaysia Act 2009 for the purposes of exercising any powers or functions of the Bank under this Act or the

Central Bank of Malaysia Act 2009;

(b)

that is in the form of a summary or collection of information set out in such manner as does not enable information relating to any particular customer of the Islamic financial institution to be ascertained from it; or

(c)

that is at the time of disclosure is, or has already been made lawfully available to the public from any source other than the Islamic financial institution.

(3)

No person who has any document or information which to his knowledge has been disclosed in contravention of subsection (1) shall disclose the same to any other person.

(4)

Any person who contravenes subsection (1) or (3) commits an offence and shall, on conviction, be liable to imprisonment for a term not exceeding five years or to a fine not exceeding ten million ringgit or to both.

Report

Read on from s 146

Part X

Islamic Money Market and Islamic Foreign Exchange Market

Read on from Part X

Part XI

Submission of Document or Information

Read on from Part XI

Part XII

Examination

Read on from Part XII

Part XIII

Directions of Compliance

Read on from Part XIII

Part XIV

Intervention and Remedial Action

Read on from Part XIV

Part XV

Other Powers of Bank

Read on from Part XV

Part XVI

Enforcement and Penalties

Read on from Part XVI

Part XVII

General Provisions

Read on from Part XVII

Part XVIII

Repeal, Savings and Transitional

Read on from Part XVIII

Schedules