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Issue #10/2019 07 March 2019

New This Week Case(s) of the Week IN THE MATTER OF A PETITION BY CYRUS DAS [2019] 2 CLJ 805 TAN SRI MUSA HJ AMAN v. TUN DATUK SERI PANGLIMA HJ JUHAR HJ MAHIRUDDIN & ANOR AND ANOTHER CASE [2019] 2 CLJ 813 Appeal Updates Appeal Updates Latest Cases Legal Network Series CLJ 2019 Volume 2 (Part 6) Articles LNS Article(s) Legislation Highlights Principal Acts Amending Acts PU(A) PU(B) Legislation Alert

IN THE MATTER OF A PETITION BY CYRUS DAS [2019] 2 CLJ 805
HIGH COURT SABAH & SARAWAK, KUCHING
SUPANG LIAN J
[APPLICATION FOR AD HOC LICENCE TO PRACTICE NO: KCH-17D-6-10-2018]
19 OCTOBER 2018

LEGAL PROFESSION: Practice of law – License – Petition for ad hoc licence to practice in Federal Court sitting at Sarawak – Whether petitioner possessed required qualifications – Whether other lawyers in Sarawak have been approached and they have declined to take up case – Whether no lawyer in Sarawak could handle matter – Whether in best interest of justice to give clients chance to have petitioner present case – Sarawak Advocates Ordinance 1953, ss. 4(1) & 10(c)(i), (ii)

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TAN SRI MUSA HJ AMAN v.
TUN DATUK SERI PANGLIMA HJ JUHAR HJ MAHIRUDDIN & ANOR AND ANOTHER CASE [2019] 2 CLJ 813
HIGH COURT SABAH & SARAWAK, KOTA KINABALU
YEW JEN KIE J
[ORIGINATING SUMMONS NO: BKI-24NCvC-56-6-2018 (HC2) & BKI-24NCVC-57/6-2018 (HC2)]
22 NOVEMBER 2018

CONSTITUTIONAL LAW: Legislature – Appointment of Chief Minister – Refusal of first individual to resign as Chief Minister after loss of confidence of members of State Legislative Assembly – Second individual appointed as Chief Minister followed by appointment of new members of State Cabinet – Whether first individual validly dismissed – Whether appointment of second individual valid and constitutional – Whether Head of State acted ultra vires in appointing second individual as Chief Minister – Whether vote of no-confidence only way to determine loss of confidence of majority of members of State Legislative Assembly – Whether first individual and State Cabinet members deemed to have vacated posts – Whether paved way for appointment of second individual as Chief Minister and formation of new State Cabinet – Constitution of the State of Sabah, arts. 6(3) & 7(1)

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1. Malayan Banking Berhad v. Syed Ahmad Safar Syed Kechik [2018] 1 LNS 1033 (CA) dismissing the High Court case of Malayan Banking Berhad v. Aishah Itam & Anor [Guaman Sivil No: 22NCVC-45-04/2015]

2. Kerajaan Negeri Selangor v. Suruhanjaya Pilihan Raya & Ors [2018] 1 LNS 982 (CA) affirming the High Court case of Kerajaan Negeri Selangor v. Suruhanjaya Pilihan Raya Malaysia & Ors (No 3) [2018] 8 CLJ 111; [2017] 1 LNS 1899

Legal Network Series

[2018] 1 LNS 16	RE: LIM SENG TAK; EX-PARTE : ALLIANCE BANK MALAYSIA BERHAD BANKRUPTCY: Practice and procedure - Stay of proceedings - Judgment has not been subject to any pending appeal, and remains subsisting and enforceable - Judgment debtor involved in bankruptcy proceedings after creditor's petition had been filed - Whether bankruptcy court could go behind judgment - Bankruptcy Act 1967, s. 97  For the appellant - M/s Maniam K Marrappan & Co  For the respondent - M/s Anad & Noraini
[2018] 1 LNS 199	ENGAREH (M) SDN BHD v. STONE WORLD SDN BHD DAMAGES: Appeal - Assessment of damages - Value of stone - Marble and granite stones - Plaintiff's unprocessed stones were kept by defendant and not returned - Absence of quotation and witness produced by defendant to challenge prices quoted by plaintiff - Whether plaintiff suffered continuous deprivation of use of stones - Whether assessment of value of stone must be based on current market value or value at date of judgment DAMAGES: Appeal - Assessment of damages - Nominal damages - Trial judge ordered counterclaim to be assessed on quantum meruit - Absence of evidence of actual work done or transportation costs incurred - Registrar awarded nominal damages - Whether nominal damages awarded by registrar was reasonable DAMAGES: Assessment - Quantum meruit - Claim for rental fees for keeping stones - Trial judge ordered stones to be returned - Whether defendant entitled to claim for rental fees  For the plaintiff - Chai Kah Meng & Chai Jia Hui; M/s Lim Kian Leong & Co  For the defendant - Wong Kah Hung; M/s Kamaruddin & Partners
[2017] 1 LNS 278	PP v. MOHD EZRI AZMAR PAVEL & ANOR (NO. 2) EVIDENCE: Witnesses - Credibility of accused persons as witness - Accused persons holding rank of Inspector - Failure of accused persons to prevent assault on deceased - Whether credibility of defence affected EVIDENCE: Sufficiency of evidence - Contradictions, inconsistencies and gaps in prosecution evidence - Two sets of contradictory evidence adduced by prosecution - Approach of court in dealing with such evidence EVIDENCE: Cross-examination - Failure to cross-examine accused persons on charge - Not subjecting the material part of the accused persons' testimony to cross-examination - Whether amounts to acceptance of witnesses' testimony - Whether falls within exception to the general rule of acceptance of testimony  For the prosecution - DPP Mohd Fillany Siji; Jabatan Peguam Negara Malaysia  For the accused - Shankar Ram & Daniel Ling; Thomas, Shankar Ram & Company
[2018] 1 LNS 27	CHONG LAI PENG & YANG LAIN lwn. GRANDMAS DEVELOPMENT SDN BHD KONTRAK: Kontrak bangunan - Ganti rugi - Tuntutan ganti rugi kelewatan penyerahan milikan kosong - Pemaju telah mendapat lanjutan masa daripada arkitek pemaju untuk menyiapkan dan menyerahkan milikan kosong - Lanjutan masa diberi atas sebab-sebab kelewatan yang di luar kawalan pemaju - Sama ada terdapat sebarang kelewatan dalam penyerahan milikan kosong - Sama ada pemaju perlu menyerahkan notis serta surat lanjutan masa untuk penyiapan dan penyerahan milikan kosong secara bertulis kepada pembeli  Bagi pihak plaintif-plaintif - CM Lai; T/n CM Lai & Partners  Bagi pihak defendan - Mohana Priya; T/n Zarina, GT Vanan & Associates
[2018] 1 LNS 48	CODJO THEODORE TCHIDI (REPUBLIC BENIN) lwn. PP UNDANG-UNDANG JENAYAH: Dadah berbahaya - Pengedaran - Tertuduh ditangkap bersama barang kes di balai ketibaan antarabangsa - Dadah disorokkan di dalam buah labu yang telah diawet yang dibawa oleh tertuduh - Sama ada perbuatan tertuduh membawa dadah terjumlah kepada pengedaran sebagaimana maksud s. 2 Akta Dadah Berbahaya 1952 - Sama ada wujud pengedaran secara langsung PROSEDUR JENAYAH: Pembelaan - Pembawa ikhlas- Pertuduhan pengedaran dadah berbahaya - Tertuduh mendakwa wujud watak lain - Watak lain hanya dibangkit 6 hari selepas tertuduh ditahan - Sama ada pembelaan tertuduh merupakan satu pemikiran terkemudian - Sama ada watak yang didakwa oleh tertuduh adalah rekaan semata-mata  Bagi pihak perayu - Hisyam Teh Poh Teik; T/n Teh Poh Teik  Bagi pihak responden - Adam Mohamed; Timbalan Pendakwa Raya; Jabatan Peguam Negara

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CLJ 2019 Volume 2 (Part 6)

FEDERAL COURT

Cubic Electronics Sdn Bhd (In Liquidation) v. Mars Telecommunications Sdn Bhd
Zulkefli Ahmad Makinudin PCA, Richard Malanjum CJ (Sabah & Sarawak), Azahar Mohamed, Aziah Ali, Alizatul Khair Osman FCJJ
(Contract - Breach - Sale and purchase agreement - Whether purchaser who has paid interest in consideration of extension of time entitled to claim refund of interest) [2019] 2 CLJ 723 [FC]

 For the appellants - Lim Chee Wee, Wong Chee Lin & Iris Tang Shu Ni; M/s Skrine
 For the respondent - Ravindran Nekoo & Moganambal Murugappan; M/s Hakem Arabi & Assocs

COURT OF APPEAL

Hafizah Hamzah v. Trans Resources Corporation Sdn Bhd
Badariah Sahamid, Mary Lim, Yeoh Wee Siam JJCA
(Civil Procedure - Proceedings - Garnishee - Enforcement of judgment debt - Whether there was conclusive debt in existence or accruing) [2019] 2 CLJ 759 [CA]

 For the appellant - Shahabudin Shaik Alaudin, Rosnida Che Ibrahim & Nur Fateha Abd Ghani; M/s Shahabudin & Rozima
 For the respondent - CC Choo & Karina Lee; M/s CC Choo, Hazila & Teong

Majlis Angkatan Tentera Malaysia v. Mohd Nurul Ami Mohd Basri
Abdul Rahman Sebli, Zaleha Yusof, Suraya Othman JJCA
(Armed Forces; Criminal Law - Procedure for collecting urine sample - Whether by way of Army Guideline or KKM Guideline - Armed Forces Act 1972, s. 51) [2019] 2 CLJ 772 [CA]

 For the appellant - Kogilambigai Muthusamy; SFC
 For the respondent - Manjit Singh Man; M/s Manjit Singh Man & Co

HIGH COURT

Benjamin Lim Keong Hoe & Anor v. Infoline Sdn Bhd
Wan Ahmad Farid Wan Salleh JC
(Civil Procedure; Company Law - Re-litigation of order of court - Whether order in enclosure for application sealed - Whether applicant ought to file fresh notice of application) [2019] 2 CLJ 786 [HC]

 For the plaintiff - Mohd Izral Khairy, Zack Lim, Carmen Jeow PDK & Amiza Murad PDK; M/s Izral Partnership
 For the defendant - Nicole Wee & Ling Li Ching; M/s Chooi & Company, Cheang & Ariff

Goodwill Division Sdn Bhd v. Low Peir Yin & Anor
Choo Kah Sing J
(Contract; Statutory Interpretation - Sale of properties - Whether there was oral agreement between employees and company for commission to be paid for houses sold in addition to basic monthly salary) [2019] 2 CLJ 795 [HC]

 For the appellant - G Ravi & Aida Hassan; M/s G Ravi
 For the respondents - KS Pang; M/s KS Pang & Co

In The Matter Of A Petition By Cyrus Das
Supang Lian J
(Legal Profession - Petition for ad hoc licence to practice in Federal Court sitting at Sarawak - Whether in best interest of justice to give clients chance to have petitioner present case) [2019] 2 CLJ 805 [HC]

 For the petitioner - George Lo & Jonathan Tay; M/s George Lo & Partners
 For the State Attorney General - McWillyn Jiok; SLO, Sarawak
 For the Advocates' Association Sarawak - Arthur CA Lee
 For the respondent - Chan Siew Yan

Tan Sri Musa Hj Aman v. Tun Datuk Seri Panglima Hj Juhar Hj Mahiruddin & Anor And Another Case
Yew Jen Kie J
(Constitutional Law - Legislature - Appointment of Chief Minister - Constitution of the State of Sabah, arts. 6(3) & 7(1)) [2019] 2 CLJ 813 [HC]

 For the plaintiff - Tengku Ahmad Fuad BTA Burhanuddin; M/s FT Ahmad & Co, S Vanugopal; M/s S Vanugopal & Partners
 For the 1st defendant - Hjh Zaleha Rose Hj Pandin, Dgku Fazidah Hatun Pg. Bagul, M Hanafiah M Kassim, Rafidah Maqbool Rahman; SAGs
 For the 2nd defendant - Douglas Lind; M/s Lind Willie Wong & Chin
 Watching brief - Brendan Soh & Roger Chin; Sabah Law Society

SUBJECT INDEX

ARMED FORCES

Court martial - Misconduct - Allegation of drug abuse - Whether court martial must be allowed to complete its hearing - Whether application for declaratory reliefs via originating summons premature as case before court-martial ongoing - Whether there was abuse of process - Armed Forces Act 1972, s. 51
Majlis Angkatan Tentera Malaysia v. Mohd Nurul Ami Mohd Basri
(Abdul Rahman Sebli, Zaleha Yusof, Suraya Othman JJCA) [2019] 2 CLJ 772 [CA]

Misconduct - Breach - Drug abuse - Procedure for collecting urine sample - Whether by way of Army Guideline or KKM Guideline - Whether Army Guideline has any force of law - Whether Army Guideline valid and enforceable - Whether KKM Guideline merely guideline issued by Ministry of Health - Whether KKM Guideline can supersede Army Guideline - Whether Army Guideline enforceable against all members of armed forces without exception - Whether procedure in taking only one bottle of urine specimen for urine test in accordance with Army Guideline - Armed Forces Act 1972, s. 51
Majlis Angkatan Tentera Malaysia v. Mohd Nurul Ami Mohd Basri
(Abdul Rahman Sebli, Zaleha Yusof, Suraya Othman JJCA) [2019] 2 CLJ 772 [CA]

CIVIL PROCEDURE

Judgments and orders - Judgment debt - Enforcement of judgment debt - Appeal against High Court's decision to not set aside garnishee absolute order granted by Senior Assistant Registrar - Whether there was conclusive debt in existence or accruing - Rules of Court 2012, O. 38 & O. 49 rr. (1), (5)
Hafizah Hamzah v. Trans Resources Corporation Sdn Bhd
(Badariah Sahamid, Mary Lim, Yeoh Wee Siam JJCA) [2019] 2 CLJ 759 [CA]

Mode of filing - Re-litigation - Application dismissed with liberty to file afresh - Re-litigation of order of court - Applicant sent letter to court for re-consideration of dismissal of application - Whether order in enclosure for application sealed - Whether applicant ought to file fresh notice of application
Benjamin Lim Keong Hoe & Anor v. Infoline Sdn Bhd
(Wan Ahmad Farid Wan Salleh JC) [2019] 2 CLJ 786 [HC]

Proceedings - Garnishee - Enforcement of judgment debt - Appeal against High Court's decision to not set aside garnishee absolute order granted by Senior Assistant Registrar - Whether there was conclusive debt in existence or accruing - Rules of Court 2012, O. 38 & O. 49 rr. (1), (5)
Hafizah Hamzah v. Trans Resources Corporation Sdn Bhd
(Badariah Sahamid, Mary Lim, Yeoh Wee Siam JJCA) [2019] 2 CLJ 759 [CA]

COMPANY LAW

Receiver and manager - Application - Appointment of receiver and manager where trust still subsisting - Whether all requirements for appointment of receiver and manager met - Whether there was evidence of mismanagement or threat to property of company to justify appointment of receiver and manager - Whether application ought to be allowed - Rules of Court 2012, O. 30 - Courts of Judicature Act 1964, s. 25(2)
Benjamin Lim Keong Hoe & Anor v. Infoline Sdn Bhd
(Wan Ahmad Farid Wan Salleh JC) [2019] 2 CLJ 786 [HC]

CONSTITUTIONAL LAW

Legislature - Appointment of Chief Minister - Refusal of first individual to resign as Chief Minister after loss of confidence of members of State Legislative Assembly - Second individual appointed as Chief Minister followed by appointment of new members of State Cabinet - Whether first individual validly dismissed - Whether appointment of second individual valid and constitutional - Whether Head of State acted ultra vires in appointing second individual as Chief Minister - Whether vote of no-confidence only way to determine loss of confidence of majority of members of State Legislative Assembly - Whether first individual and State Cabinet members deemed to have vacated posts - Whether paved way for appointment of second individual as Chief Minister and formation of new State Cabinet - Constitution of the State of Sabah, arts. 6(3) & 7(1)
Tan Sri Musa Hj Aman v. Tun Datuk Seri Panglima Hj Juhar Hj Mahiruddin & Anor And Another Case
(Yew Jen Kie J) [2019] 2 CLJ 813 [HC]

CONTRACT

Breach - Agreement - Sale and purchase agreement - Purchaser made offer to purchase land with earnest deposit - Purchaser made several requests for extension of time for execution of sale and purchase agreement - Land owner issued caution that at every request for extension of time, earnest deposits would be forfeited 'as liquidated damages and not by way of penalty', if purchaser fails to meet deadline for execution of sale and purchase agreement - Failure to execute sale and purchase agreement - Whether land owner entitled to forfeit earnest deposits - Whether amount of earnest deposits paid represented damages suffered by owner - Whether forfeiture of earnest deposits reasonable - Whether any additional deposits paid for extension of time for completion equally subject to forfeiture - Whether land owner entitled to claim interest from purchaser - Whether purchaser who has paid interest in consideration of extension of time entitled to claim refund of interest - Contracts Act 1950, s. 75
Cubic Electronics Sdn Bhd (In Liquidation) v. Mars Telecommunications Sdn Bhd
(Zulkefli Ahmad Makinudin PCA, Richard Malanjum CJ (Sabah & Sarawak), Azahar Mohamed, Aziah Ali, Alizatul Khair Osman FCJJ) [2019] 2 CLJ 723 [FC]

Sale of properties - Outstanding commission - Claim for - Whether there was oral agreement between employees and company for commission to be paid for houses sold in addition to basic monthly salary - Whether employees entitled to commission - Whether employees registered estate agents - Whether employees provided professional advice or rendered services as estate agent - Whether there was estate agency relationship established between employees and company - Whether employees' work could preclude them from getting paid commission - Valuers, Appraisers and Estate Agents Act 1981, s. 22C
Goodwill Division Sdn Bhd v. Low Peir Yin & Anor
(Choo Kah Sing J) [2019] 2 CLJ 795 [HC]

CRIMINAL LAW

Dangerous drugs - Abuse of - Misconduct by member of armed forces - Procedure for collecting urine sample - Whether by way of Army Guideline or KKM Guideline - Whether Army Guideline has any force of law - Whether Army Guideline valid and enforceable - Whether KKM Guideline merely a guideline issued by Ministry of Health - Whether KKM Guideline can supersede Army Guideline - Whether Army Guideline enforceable against all members of armed forces without exception - Whether procedure in taking only one bottle of urine specimen for urine test in accordance with Army Guideline - Armed Forces Act 1972, s. 51
Majlis Angkatan Tentera Malaysia v. Mohd Nurul Ami Mohd Basri
(Abdul Rahman Sebli, Zaleha Yusof, Suraya Othman JJCA) [2019] 2 CLJ 772 [CA]

LEGAL PROFESSION

Practice of law - License - Petition for ad hoc licence to practice in Federal Court sitting at Sarawak - Whether petitioner possessed required qualifications - Whether other lawyers in Sarawak have been approached and they have declined to take up case - Whether no lawyer in Sarawak could handle matter - Whether in best interest of justice to give clients chance to have petitioner present case - Sarawak Advocates Ordinance 1953, ss. 4(1) & 10(c)(i), (ii)
In The Matter Of A Petition By Cyrus Das
(Supang Lian J) [2019] 2 CLJ 805 [HC]

STATUTORY INTERPRETATION

Construction of statutes - Intention of Parliament - Whether to regulate individuals acting as real estate agents, not employees under employment of property development company - Whether sales and marketing personnel in property development company ought to register as licensed estate agent to receive commission from sales - Valuers, Appraisers and Estate Agents Act 1981, s. 22C
Goodwill Division Sdn Bhd v. Low Peir Yin & Anor
(Choo Kah Sing J) [2019] 2 CLJ 795 [HC]

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LNS Article(s)

1. ARE PRAYER OUTFITS ELIGIBLE FOR COPYRIGHT PROTECTION?* ^{[Read excerpt]}
   by LEE CHIAO YING [2019] 1 LNS(A) xxix

[2019] 1 LNS(A) xxix



MALAYSIA

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ARE PRAYER OUTFITS ELIGIBLE FOR COPYRIGHT PROTECTION?*

by
LEE CHIAO YING

Introduction

Some may be wondering what a "telekung" is as it is probably not a common term. A Telekung is a Muslim prayer outfit for females. The general perception of prayer outfits is that they are dull and unfashionable as they have to be modest rather than trendy. However, there has been a drastic shift in the fashion industry in recent years where there are an increasing number of fashionable yet modest clothes in both local and international markets.

The recent High Court case of Siti Khadijah Apparel Sdn Bhd v. Ariani Textiles & Manufacturing (M) Sdn Bhd^[1] concerns the telekung sold by the plaintiff, Siti Khadijah Apparel Sdn Bhd (“Siti Khadijah”), and the defendant, Ariani Textiles & Manufacturing (M) Sdn Bhd (“Ariani Textiles”). Siti Khadijah sells the “Telekung Siti Khadijah Klasik” (“Siti Khadijah’s Telekung”) while Ariani Textiles sells the “Ariani x WOW Telekung Nur Aleesya”. Siti Khadijah has commenced an action against Ariani Textiles for copyright infringement.

. . .

* Published with kind permission of M/s Shearn Delamore & Co.

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2. THE QUESTIONABLE IMPOSITION OF TAULIAH TO TEACH ISLAM IN MALAYSIA* ^{[Read excerpt]}
   by ILHAM RAMLI [2019] 1 LNS(A) xxx

[2019] 1 LNS(A) xxx



MALAYSIA

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THE QUESTIONABLE IMPOSITION OF TAULIAH TO TEACH ISLAM IN MALAYSIA*

by
ILHAM RAMLI

In Malaysia, there is a legal requirement that a tauliah (permission) must be sought from the religious authority before someone can preach and disseminate the teachings of Islam. This legal requirement has been justified not only based on the purpose of maintaining public order in the multi-religious society of Malaysia, but some scholars argued that there is an affirmative hadith to validate the imposition of tauliah as a prerequisite before one could teach Islam. Muadh ibnu Jabal reported that when Allah's Messenger sent him to Yemen, the Prophet asked him how would he judge and decide disputes brought to him. Muadh said, "I will judge by Allah's Book." The prophet asked, "What if it is not found in the Book of Allah?" Muadh said, "Then according to the Sunnah of Allah's Messenger". The prophet asked, "And if it is not in the Sunnah of Allah's Messenger?" Muadh said, "I will make ijtihad through my judgment." The Prophet said, "Praise belongs to Allah Who has made the messenger of the Messenger of Allah consistent with what pleases him."

. . .

* Published with kind permission of the International Institute of Advanced Islamic Studies (IAIS) Malaysia. (www.iais.org.my).

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3. BEBAN PEMBUKTIAN DALAM KES MAL MENURUT ENAKMEN KETERANGAN MAHKAMAH SYARIAH DI MALAYSIA ^{[Read excerpt]}
   oleh ABDUL HALIM BIN ZULKIFLI* [2019] 1 LNS(A) xxxi

[2019] 1 LNS(A) xxxi



MALAYSIA

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BEBAN PEMBUKTIAN DALAM KES MAL MENURUT ENAKMEN KETERANGAN MAHKAMAH SYARIAH DI MALAYSIA

oleh
ABDUL HALIM BIN ZULKIFLI*

Pendahuluan

Beban pembuktian merupakan salah satu aspek terpenting yang mesti dikemukakan dan dibuktikan oleh pihak pendakwa kepada pihak mahkamah bagi menyokong sesuatu dakwaan. Sekiranya pihak pendakwa gagal untuk mengemukakan bukti tersebut menurut prinsip yang telah ditetapkan, bermakna beliau telah gagal untuk membuat tuduhan apatah lagi untuk mensabitkan tuduhan terhadap pihak yang dituduh. Proses membuat dakwaan kepada hakim dan hakim akan mendengar segala dakwaan dan hujah yang dikemukakan kepadanya oleh kedua-dua pihak, kesemuanya akan berjalan berdasarkan kepada kaedah-kaedah atau prinsip-prinsip tertentu yang mesti dipatuhi oleh semua pihak yang terlibat di dalam dakwaan termasuklah hakim.

. . .

* Ph.D. Pensyarah di ATI, FSSK UTM, 81310 Skudai, Johor. Peguambela & Peguamcara/Peguam Syarie.

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4. KERANGKA PERUNDANGAN DAN CABARAN DALAM PERKHIDMATAN KEWANGAN ISLAM DI MALAYSIA(LEGAL FRAMEWORK AND CHALLENGES IN ISLAMIC FINANCE IN MALAYSIA) ^{[Read excerpt]}
   oleh Darren Lim Wei Zheng^[i] Liaw Zhen Tyian^[ii] Khor Mei Hui^[iii] Prof Madya Dr Ruzian binti Markom^[iv] [2019] 1 LNS(A) xxxii

[2019] 1 LNS(A) xxxii



MALAYSIA

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KERANGKA PERUNDANGAN DAN CABARAN DALAM PERKHIDMATAN KEWANGAN ISLAM DI MALAYSIA
(LEGAL FRAMEWORK AND CHALLENGES IN ISLAMIC FINANCE IN MALAYSIA)

oleh
Darren Lim Wei Zheng^[i]
Liaw Zhen Tyian^[ii]
Khor Mei Hui^[iii]
Prof Madya Dr Ruzian binti Markom^[iv]

Abstrak:

Undang-undang yang mengawal operasi dalam kewangan Islam telah mengalami banyak perubahan sejajar dengan perkembangan kewangan Islam yang pesat di Malaysia. Ini telah menunjukkan iltizam kerajaan untuk menjadikan Malaysia sebagai Islamic hub di mata dunia. Maka, kertas ini bertujuan untuk mengkaji kerangka undang-undang untuk mengawal perbankan dan kewangan Islam di Malaysia. Penulis akan membincangkan kepentingan penggubalan Akta Bank Negara 2009 dan Akta Perkhidmatan Kewangan Islam 2013 yang menggantikan Akta Bank Negara 1958 dan Akta Bank dan Institusi-Institusi Kewangan 1989 Penggubalan undang-undang yang mantap ini dapat mengawalselia untuk memastikan pematuhan syariah dalam keseluruhan operasi dan aktiviti di institusi perbankan Islam. Seterusnya, kertas ini akan membincangkan undang-undang yang lain untuk mengawal kestabilan kewangan Islam di Malaysia. Di akhir penulisan, penulis akan memberi cadangan yang bernas untuk mengisi kekurangan yang terdapat di undang-undang perbankan dan kewangan Islam.

. . .

[i] Pelajar Prasiswazah, Fakulti Undang-Undang, Universiti Kebangsaan Malaysia (UKM).

[ii] Pelajar Prasiswazah, Fakulti Undang-Undang, Universiti Kebangsaan Malaysia (UKM).

[iii] Pelajar Prasiswazah, Fakulti Undang-Undang, Universiti Kebangsaan Malaysia (UKM).

[iv] Prof Madya, Fakulti Undang-Undang, Universiti Kebangsaan Malaysia (UKM).

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