Showing posts with label act. Show all posts
Showing posts with label act. Show all posts

Monday, February 13, 2012

MALAYSIA - REGULATIONS - Syariah-based hire-purchase Act to be introduced

www.thestar.com.my - BERA: A new hire-purchase Act in accordance with Islamic principles will be introduced, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob.
He said a study of the draft Act was being discussed with a panel comprising Islamic economists and Muslim consumer associations, and it was being finalised.
The draft would also look into examples of Islamic legislation used in other countries.  (source)