ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD Summary of Decision 5

 

ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD Summary of Decision 5 

[2006] 8 CLJ 9   

ARAB-MALAYSIAN MERCHANT BANK BHD v. SILVER CONCEPT SDN BHD
HIGH COURT MALAYA, SHAH ALAM
[ORIGINATING SUMMONS NO: MT1-24-2310-2000]
SURIYADI HALIM OMAR J
30 JUNE 2005
 

[18] The rebuttal, when a challenge for purposes of the current case crops up, inter alia may come in the form of a statement of disapproval from the in-house Syariah Advisory Body, as set up by the bank. Under the Central Bank of Malaysia (Amendment) Act (Act A1213) new provision of 16B(8), where in any proceedings relating to Islamic banking business etc. before any court or arbitrator, any question that arises concerning a syariah matter, the court may refer such question to the Syariah Advisory Council. The court thus may even refer the matter to that body in the midst of any proceedings.

rebuttal Patahan, bantahan
current Sekarang, kini
crops up timbul
disapproval Rasa tidak suka, tidak berkenan
in-house dalaman
Syariah Advisory Body, Badan Penasihat Syariah
set up menubuhkan
arbitrator Penimbang Tara
arises berbangkit
concerning Berkenaan dengan
refer merujuk
in the midst of Di tengah-tengah
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