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About Us
Statutory Committees
Shariah Advisory Council
Shariah Advisory Council
SAC Latest Updates
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SAC Updates
Date
Statement
03 Jul 2026
Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) on Imposition of Cash Advance Fee and Annual Fee in Credit Card-i and Arising Matters in
Ujrah
-based and
Tawarruq
-based Credit Card-i
19 Dec 2025
Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Inventory Purchase Product Based on Parallel Istisna` Contract
17 Oct 2025
Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Corporate Insurance Coverage of Islamic Financial Institutions
17 Oct 2025
Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Implementation of New Features of Sell and Buy Back Agreement (SBBA)
17 Oct 2025
Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) on Funding Facility for Retail Payments Settlement (FRPS) through Real Time Electronic Transfer of Funds and Securities (RENTAS)
17 Oct 2025
Summary of the Shariah Advisory Council of Bank Negara Malaysia (SAC) Statement and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Inventory Purchase Based on Parallel Istisna` Contract
17 Oct 2025
Summary of the Shariah Advisory Council of Bank Negara Malaysia (SAC) Statement and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Proposed Paddy Financing Product Based on Bai` Salam Contract
16 Jul 2024
Summary of The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on Implementation of New Features of Sell and Buy Back Agreement (SBBA)
31 May 2024
The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on the Shariah Parameters on Transfer of Funds for Funding and Liquidity Risk Management from an Islamic Financial Institution to a Conventional Financial Institution
29 May 2024
Summary of the Shariah Advisory Council (SAC) Ruling: Issuance of Malaysian Government Investment Issue (MGII) Based on Wakalah Concept
29 May 2024
The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on Anticipatory Hedging
24 Jan 2024
BNM Shariah Advisory Council's Ruling on Buy Now Pay Later Facility
05 Jan 2024
BNM Shariah Advisory Council's Ruling on Ceding Out of Takaful Risk to Insurance Companies under Hardship Situation
25 Jan 2023
Appointment of Members of the Shariah Advisory Council of Bank Negara Malaysia
12 Feb 2022
Ruling of the BNM Shariah Advisory Council at its 218th Meeting
27 Dec 2021
Ruling of the BNM Shariah Advisory Council at its 217th Meeting
10 Aug 2020
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 30th Special meeting
21 May 2020
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 190th Meeting
22 Jan 2020
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 194th and 195th Meeting
13 Dec 2019
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 194th Meeting
13 Dec 2019
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 191st Meeting
22 Nov 2018
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 188th Meeting
09 Oct 2018
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 187th Meeting
09 Oct 2018
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 186th Meeting
05 Feb 2018
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 182nd Meeting
05 Dec 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 181st Meeting
03 Oct 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 179th Meeting
05 Sep 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 178th Meeting
07 Jul 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 177th Meeting
07 Jun 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 176th Meeting
06 Mar 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 174th Meeting
02 Feb 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 173rd Meeting
05 Jan 2017
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 172nd Meeting
30 Aug 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 170th Meeting
26 Jul 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 169th Meeting
28 Jun 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 168th Meeting
14 Apr 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 167th Meeting
26 Feb 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 166th Meeting
29 Jan 2016
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 165th Meeting
05 Nov 2015
Shariah Staff Working Paper
01 Oct 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 162nd Meeting
18 Aug 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 160th Meeting
07 Jul 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 159th Meeting
22 Jun 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 158th Meeting
14 May 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 157th Meeting
07 May 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 156th Meeting
10 Feb 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 155th Meeting
08 Jan 2015
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 154th Meeting
16 Dec 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 153rd Meeting
23 Oct 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 150th Meeting
13 Oct 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 151st Meeting
08 Jul 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 148th Meeting
30 Apr 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 147th Meeting
30 Apr 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 146th Meeting
25 Apr 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 145th Meeting
17 Apr 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 144th Meeting
17 Apr 2014
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 143rd Meeting
06 Feb 2014
Exposure Drafts on Islamic Financial Contracts (Shariah Requirements and Optional Practices)
24 Dec 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 142nd Meeting
04 Dec 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 141st Meeting
04 Dec 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 140th Meeting
29 Oct 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 139th Meeting
06 Jun 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 135th Meeting
28 May 2013
Mesyuarat MPS ke-135 (28 Mei 2013)
30 Apr 2013
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 134th Meeting
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