IFSA 2013: commentaries on Islamic banking and finance

The enactment of the Islamic Financial Services Act 2013 (IFSA 2013) has marked an exceptional milestone in the development of the domestic Islamic financial services industry. With an initial unprecedented legislation and enviable practices in the industry created over 30 years, Malaysia has yet a...

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Main Authors: Lee, Mohd Johan, Oseni, Umar Aimhanosi
Format: Book
Language:English
Published: Malaysian Current Law Journal Sdn. Bhd. 2015
Subjects:
Online Access:http://irep.iium.edu.my/47306/
http://irep.iium.edu.my/47306/1/IFSA_2013.pdf
id iium-47306
recordtype eprints
spelling iium-473062016-07-14T08:02:00Z http://irep.iium.edu.my/47306/ IFSA 2013: commentaries on Islamic banking and finance Lee, Mohd Johan Oseni, Umar Aimhanosi HG Finance K Law (General) KBP Islamic Law The enactment of the Islamic Financial Services Act 2013 (IFSA 2013) has marked an exceptional milestone in the development of the domestic Islamic financial services industry. With an initial unprecedented legislation and enviable practices in the industry created over 30 years, Malaysia has yet again pioneered the enabling legislative reforms vital for industry fluidity and harmonisation of laws relating to the financial services. While the Act caters to all regulatory and supervisory aspects of the industry, this book aims to provide a succinct commentary of the provisions within the Islamic Banking parameters. As the nature of legislative commands changes from detailed and prescriptive approach to one which is principle-based, this book provides a perfect companion to assist readers in understanding and navigating through the current legislative maze. Special features of the book: • Concise yet comprehensive commentary of the main provisions with accompanying regulatory guidelines • Clearly structured analyses for better understanding of the industry requirements • Comprehensive coverage on Islamic banking industry, including the Shariah requirements, powers and functions of Bank Negara, consumer protection, business conducts, as well as enforcement and penalties by Bank Negara • Discussion on the introduction of the Financial Ombudsman Scheme and arbitration in Islamic finance disputes. • A quick reference guide suitable for legal practitioners, bankers and other industry players; as well as an essential reading for academicians and students of Islamic banking. Malaysian Current Law Journal Sdn. Bhd. 2015 Book PeerReviewed application/pdf en http://irep.iium.edu.my/47306/1/IFSA_2013.pdf Lee, Mohd Johan and Oseni, Umar Aimhanosi (2015) IFSA 2013: commentaries on Islamic banking and finance. Malaysian Current Law Journal Sdn. Bhd., Selangor, Malaysia. ISBN 9789670820590
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG Finance
K Law (General)
KBP Islamic Law
spellingShingle HG Finance
K Law (General)
KBP Islamic Law
Lee, Mohd Johan
Oseni, Umar Aimhanosi
IFSA 2013: commentaries on Islamic banking and finance
description The enactment of the Islamic Financial Services Act 2013 (IFSA 2013) has marked an exceptional milestone in the development of the domestic Islamic financial services industry. With an initial unprecedented legislation and enviable practices in the industry created over 30 years, Malaysia has yet again pioneered the enabling legislative reforms vital for industry fluidity and harmonisation of laws relating to the financial services. While the Act caters to all regulatory and supervisory aspects of the industry, this book aims to provide a succinct commentary of the provisions within the Islamic Banking parameters. As the nature of legislative commands changes from detailed and prescriptive approach to one which is principle-based, this book provides a perfect companion to assist readers in understanding and navigating through the current legislative maze. Special features of the book: • Concise yet comprehensive commentary of the main provisions with accompanying regulatory guidelines • Clearly structured analyses for better understanding of the industry requirements • Comprehensive coverage on Islamic banking industry, including the Shariah requirements, powers and functions of Bank Negara, consumer protection, business conducts, as well as enforcement and penalties by Bank Negara • Discussion on the introduction of the Financial Ombudsman Scheme and arbitration in Islamic finance disputes. • A quick reference guide suitable for legal practitioners, bankers and other industry players; as well as an essential reading for academicians and students of Islamic banking.
format Book
author Lee, Mohd Johan
Oseni, Umar Aimhanosi
author_facet Lee, Mohd Johan
Oseni, Umar Aimhanosi
author_sort Lee, Mohd Johan
title IFSA 2013: commentaries on Islamic banking and finance
title_short IFSA 2013: commentaries on Islamic banking and finance
title_full IFSA 2013: commentaries on Islamic banking and finance
title_fullStr IFSA 2013: commentaries on Islamic banking and finance
title_full_unstemmed IFSA 2013: commentaries on Islamic banking and finance
title_sort ifsa 2013: commentaries on islamic banking and finance
publisher Malaysian Current Law Journal Sdn. Bhd.
publishDate 2015
url http://irep.iium.edu.my/47306/
http://irep.iium.edu.my/47306/1/IFSA_2013.pdf
first_indexed 2023-09-18T21:07:19Z
last_indexed 2023-09-18T21:07:19Z
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