The Federal Court has ruled that decisions by Bank Negara's Shariah Advisory Council on Islamic finance is binding on civil courts. – The Malaysian Insight file pic, April 11, 2019.
DECISIONS by Bank Negara’s Shariah Advisory Council on Islamic finance is binding on civil courts, the Federal Court ruled yesterday. In a landmark 5-4 decision by a full nine-man bench, the Federal Court also ruled that the ascertainment of Islamic law by the SAC does not amount to a judicial decision as it is not a judicial body,Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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