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View of The Constitutionality of sections 56 and 57 of the Central Bank of Malaysia Act 2009

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The Constitutionality of sections 56 and 57 of the Central Bank of Malaysia Act 2009 - JRI Resources Sdn Bhd v Kuwait Finance

Sherin Kunhibava* and Valerie Yeo Li Ann**

I INTRODUCTION

Shariah

II LEGAL BACKGROUND

The Shariah

Shariah Shariah

Shariah may

*

**

(2)

on Shariah

3

Mohd Alias Ibrahim v RHB Bank Bhd & Anor Alias

5

Tan Sri Abdul Khalid bin Ibrahim v Bank Islam Malaysia Bhd Alias

Shariah

Tan Sri Khalid Ibrahim v Bank Islam Bhd

JRI Resources Sdn Bhd v Kuwait Finance House (Malaysia) Bhd

3

Shariah

Shariah

question to the Shariah Shariah

Shariah

Mohd Alias Ibrahim v RHB Bank Bhd & Anor

5

JRI Resources Sdn Bhd v Kuwait Finance House (Malaysia) Bhd is available at

(3)

III JRI RESOURCES SDN BHD V KUWAIT FINANCE HOUSE (MALAYSIA) BHD

A

The Facts

Ijarah Muntahiah Bitamlik Murabahah Tawarruq

Ijarah

Ijarah Shariah

the Shariah Shariah

Ijarah

(4)

B

Decision of the Federal Court

1 Majority decision delivered by Mohd Zawawi Salleh J

Shariah

Shariah stressed that Shariah

Failure to ensure Shariah

by Shariah

authoritative body on Shariah

Tan Sri Abdul Khalid v Bank Islam Bhd

muamalat that Shariah

Tan Sri Abdul Khalid

Alias

Kuwait Finance House (Malaysia) Bhd v JRI Resources Sdn Bhd

(5)

Semenyih Jaya v Pentadbir Tanah Daerah Hulu Langat

Shariah issues and no other issues and

ijtihad

mahzab Shariah law be the

2 Judgment of Justice Azahar Mohamed (supporting judgement)

Semenyih Jaya v Pentadbir Tanah Daerah Hulu Langat

(6)

33

Shariah

35

Shariah adhered to Shariah

Shariah

Shariah

33

35

(7)

3 Judgment of Justice David Wong Dak Wah (Dissenting judgment) Semenyih Jaya

Semenyih Jaya

Shariah Shariah

Semenyih Jaya v Pentadbir Tanah Daerah Hulu Langat

(8)

Shariah This was said Shariah

the rights of a litigant to a fair trial

53

55

a Shariah

4 Judgment of Justice Richard Malanjum (Dissenting Judgment)

53

55

(9)

Ijarah Shariah

Shariah

Shariah

(10)

with Shariah

IV ANALYSIS

Shariah

Semenyih

SAC was established as the highest authority on Shariah Shariah

law on a Shariah

Shariah should it be the only Shariah

Shariah

See

ISRA International Journal of Islamic Finance

Malayan Law Journal

(11)

Shariah Shariah

Shariah

Shariah

Shariah maslahah

Quran and Sunnah ijtihad

authority on Shariah

Shariah

Shariah Shariah

(12)

as to whether it is Shariah

questions of Shariah

Shariah

V CONCLUSION AND RECOMMENDATION

Referensi

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