Skip to content
Back to the text

Syariah Financial Supervisory Board Act · s 12

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 12Conformity and observance with qaul muktamad

(1)

When making any decision pursuant to the performance of its duties under this Act, the Board shall conform to and observe the accepted views (qaul muktamad) of the Syafeite, Hanafi, Maliki or Hanbali sect of

Ahlis Sunnah Waljamaah.

(2)

If the Board considers that such accepted views (qaul muktamad)

are or are likely to be incompatible with the public interest or that there is no apparent guidance in such views on any matters, the Board may decide according to maslahah.

(3)

In this section, “maslahah” means any interest, benefit, ease or welfare of the public which is not contrary to Hukum Syara’.