FINANCE - MALAYSIA - Appointment of Members of The SAC Shariah Advisory Council Bank Negara Malaysia (Member from Indonesia)

Bank Negara Malaysia wishes to announce the new members of the Shariah Advisory Council (SAC) for a period of three years, effective 1 November 2010. Pursuant to section [53] of the Central Bank of Malaysia Act 2009, the appointment of the SAC members was assented by the Seri Paduka Baginda Yang di-Pertuan Agong.

The appointed members for the new term of 2010/2013 are as follows:

1. Tun Abdul Hamid Mohamad - Former Chief Justice of the Federal Court, Malaysia;
2. Tan Sri Datuk Sheikh Ghazali Abdul Rahman - Shariah Legal Advisor, Attorney General Chamber;
3. Dato’ Haji Hassan Haji Ahmad - Mufti of Penang;
4. Dato’ Dr. Abdul Halim Ismail - Executive Director of BIMB Securities Sdn. Bhd.;
5. Dr. Mohd Daud Bakar - Chief Executive Officer of Amanie Business Solutions Sdn. Bhd.;
6. Prof. Madya Dr. Engku Rabawiah Engku Ali - Associate Professor at Ahmad Ibrahim Kuliyyah of Laws, International Islamic University Malaysia;
7. Prof. Madya Dr. Mohamad Akram Laldin - Executive Director of International Shariah Research Academy for Islamic Finance;
8. Prof. Madya Dr. Ashraf Hashim - Shariah Consultant, International Shariah Research Academy for Islamic Finance;
9. Dr. M. Anwar Ibrahim - Vice Chairman, National Shariah Board, Indonesia Ulama Council;
10. Dr. Aznan Hassan - Assistant Professor at Department of Islamic Law, Ahmad Ibrahim Kulliyyah of Laws, International Islamic University of Malaysia; and
11. Dr. Rusni Hassan - Lecturer at Islamic Law Department, Ahmad Ibrahim Kulliyyah of Laws, International Islamic University of Malaysia.

As the highest authority in the determination of Shariah in Islamic finance, the SAC has a pivotal role in ensuring that the sanctity of Shariah rulings referred by Islamic financial institutions as well as the court and arbitrator. The SAC consists of prominent qualified individuals among Shariah scholars, jurists and market practitioners and have vast experience in banking, finance, economics, law and application of Shariah, particularly in the areas of Islamic economics and finance. 

Source : http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=2157 - Nov 1, 2011