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Islamic Banking Act · s 114

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s 114General penalty for offences not otherwise provided for

Any Islamic bank which contravenes any of the provisions of this Act for which no penalty is provided is guilty of an offence and liable on conviction to a fine not exceeding $10,000,000 and, in the case of a

Islamic Banking continuing offence, to a further fine not exceeding $100,000 for every day during which the offence continues after conviction.