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Appointment of Members of the Shariah Advisory Council Bank Negara Malaysia

Ref No : 10/19/08 01 Nov 2019 Embargo : For immediate release    

Bank Negara Malaysia (Bank) announces today the appointment of the Shariah Advisory Council (SAC) members of the Bank for the term 1 November 2019 – 31 October 2022 as assented by DYMM Seri Paduka Baginda Yang di-Pertuan Agong in accordance with section 53(1) of the Central Bank of Malaysia Act 2009.

The SAC comprises nine (9) highly qualified and prominent Shariah scholars and practitioners with vast experience, domestically and abroad, particularly in the areas of Shariah, laws, Islamic economics and finance.


Datuk Dr. Mohd Daud Bakar

Founder and Executive Chairman, Amanie Group


Prof. Dr. Ashraf Md. Hashim

Chief Executive Officer, ISRA International Consulting Sdn. Bhd. (IICSB)


Prof. Dr. Mohamad Akram Laldin

Executive Director, International Shariah Research Academy for Islamic Finance (ISRA)


Prof. Dr. Engku Rabiah Adawiah Engku Ali

Professor, Institute of Islamic Banking and Finance (IiBF), International Islamic University Malaysia (IIUM)


Dato' A. Aziz. A. Rahim

Chairman, Enforcement Agency Integrity Commission (EAIC) Malaysia


Encik Burhanuddin Lukman

Head of Takaful Unit, International Shariah Research Academy for Islamic Finance (ISRA)


Sahibus Samahah Dato’ Dr. Haji Anhar Haji Opir

Deputy Mufti of Selangor, Selangor Mufti Department


Dr. Marjan Muhammad

Head of Quality Assurance, International Shariah Research Academy for Islamic Finance (ISRA)


Encik Zainal Abidin Jamal[1]

Founder and Senior Partner, Zainal Abidin & Co. (Advocates and Solicitors)

The SAC is the highest authority for ascertainment of Shariah in relation to Islamic banking business, takaful business and Islamic development finance business undertaken by financial institutions supervised by the Bank. It plays a central role in preserving the sanctity of Shariah and in sustaining public confidence in the Islamic finance industry. The SAC also serves to advise the Bank on any Shariah issues relating to Islamic financial business, activities or transactions made by the Bank. As the highest authority, the rulings of the SAC serve as reference for Islamic financial institutions in ensuring that all businesses and activities, financial products and services are in compliance with Shariah principles. Their rulings may also serve as reference by the courts and arbitrators in adjudicating disputes or cases.

[1] The appointment of Encik Zainal Abidin Jamal takes effect from 1 June 2020

Bank Negara Malaysia
01 Nov 2019

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