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Islamic Financial Services Act 2013: An Annotation, 2nd Edition (eBook)

The Islamic Financial Services Act 2013 combines the previously repealed Islamic Banking Act 1983, Payment Systems Act 2003, Takaful Act 1984, and Exchange Control Act 1953. 

Published: 10 June, 2024

Publisher: LexisNexis Malaysia

Product Format Details Qty
eBook
MYR 248.40
ISBN: 9786297669472

This comprehensive legislation establishes a cohesive governance and regulatory structure for Islamic banks in Malaysia, accommodating recent advancements in the financial landscape. This edition of the book not only offers in-depth commentary on every section of the statute but also includes analysis on recent court decisions, incorporating the latest legal amendments and discussing recent cases and judgments.

Introduction

Part I: Preliminary

Part II: Regulatory objectives and powers and functions of bank

Part III: Authorization

Part IV: Shariah requirements

Part V: Payment systems

Part VI: Prudential Requirements

Part VII: Ownership, control and transfer of business

Part VIII: Financial groups

Part IX: Business conduct and consumer protection

Part X: Islamic money market and Islamic foreign exchange market

Part XI: Submission of document or information

Part XII: Examination

Part XIII: Directions of compliance

Part XIV: Intervention and remedial action

Part XV: Other powers of bank

Part XVI: Enforcement and penalties

Part XVII: General provisions

Part XVIII: Repeal, savings and transitional

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