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mylaw.myby aturio
In forceUpdated to 2 Jan 2025Read it in Bahasa Malaysia
Contents

Part I · Preliminary

3. Prescription by Minister of additional business or activity

The Minister may, on the recommendation of the Bank, prescribe—

(a)

any business or activity as an addition to the definition of—

(i)

“Islamic banking business”;

(ii)

“international Islamic banking business”;

(iii)

“Islamic financial intermediation activities”;

(iv)

“Islamic factoring business”; or

(v)

“Islamic leasing business”,

Islamic Financial Services 47

and upon such prescription, the definition as added to shall be deemed to be an integral part of this Act as from the date of such prescription, or from such later date as may be specified in the order; and

(b)

any business, service or activity in relation to a financial service as an Islamic financial advisory business for the purposes of the definition of “Islamic financial advisory business” under subsection 2(1).

Report

Read on from s 4

Part II

Regulatory Objecti Ves and Powers and Functi Ons of Bank

Read on from Part II

Part III

Authorization

Read on from Part III

Part IV

Shariah Requirements

Read on from Part IV

Part V

Payment Systems

Read on from Part V

Part VI

Prudential Requirements

Read on from Part VI

Part VII

Ownership, Control and Transfer of Business

Read on from Part VII

Part VIII

Financial Groups

Read on from Part VIII

Part VI

Part VI—

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Part IX

Business Conduct and Consumer Protection

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Part X

Islamic Money Market and Islamic Foreign Exchange Market

Read on from Part X

Part XI

Submission of Document or Information

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Part XII

Examination

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Part XIII

Directions of Compliance

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Part XIV

Intervention and Remedial Action

Read on from Part XIV

Part XV

Other Powers of Bank

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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