English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

The passing of the Central Bank of Malaysia Act 2009 has granted the authority to the Central Bank of Malaysia for the establishment of the Shariah Advisory Council as the highest and sole authority for the purpose of Islamic financial business in Malaysia. The intention of the Parliament is to rectify the defunct provision of Section 16B of the Central Bank of Malaysia 1958 which deals with the binding effect of the Shariah rulings issued by the Shariah Advisory Council. The effect of the Central Bank of Malaysia Act 2009 is yet to be discussed especially on the impact of changes in the Act to the stakeholders. The objective of this research is to analyse the impact of changes on the stakeholders namely the Shariah Committee of Islamic banks and bankers from operation division in Islamic banks. Qualitative research methodology is employed in this research by way of strategic conversation and focus group discussion. This research will provide a critical analysis and expected to give a clear explanation on the impact of changes in the Central Bank of Malaysia Act 2009 towards the stakeholders.

Reference to Shari’ah Advisory Council in Islamic finance: Effect of Changes to the Stakeholders