Bank Negara Malaysia released a summary of the Shariah Advisory Council’s statement and standards, issued under Section 29(1) of the Islamic Financial Services Act 2013 and Section 33E(1) of the Development Financial Institutions Act 2002, on inventory purchases structured through a parallel Istisna` contract.
Bank Negara Malaysia2025-10-17
Bank Negara Malaysia publishes SAC statement and standards on inventory purchases based on parallel Istisna` contracts
Bank Negara Malaysia published a summary of the Shariah Advisory Council's statement and standards on inventory purchases structured via a parallel Istisna` contract. These were issued under the Islamic Financial Services Act 2013 and the Development Financial Institutions Act 2002.