Policy Document on Shariah GovernanceRelease Date: 20 Sep 2019
Bank Negara Malaysia has issued the policy document on Shariah Governance for Islamic financial institutions today. This policy document aims to further strengthen the effectiveness of Shariah governance implementation and reinforce a closer integration of Shariah considerations in the business and risk strategies of the Islamic financial institutions.
Response to feedback received has been issued concurrently with this policy document covering key comments and feedback received during the consultation period.
The policy document takes effect from 1 April 2020.
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