JRI Resources Sdn Bhd v Kuwait Finance House (Malaysia) Berhad PENCELAH (1) President of Association of Islamic Banking Institutions Malaysia (2) Central Bank of Malaysia

06-06-07-2017-b Federal Court (Mahkamah Persekutuan) 9 April 2019 • 06-06-07/2017 (B)

Catchwords

Constitutional law - Article 121 - Islamic banking - Section 57 of CBMA 2009 - ruling of SAC is binding on High Court - whether Section 57 vested judicial power to the Shariah Advisory Council - whether section 57 CBMA is valid and constitutional

Practice Areas

Constitutional Law Islamic Banking & Finance

Judges (9)

Ahmad bin Haji Maarop Coram Alizatul Khair binti Osman Khairuddin Coram Azahar bin Mohamed Coram Idrus bin Harun Coram Mohd Zawawi bin Salleh Coram Panglima David Wong Dak Wah Coram Panglima Richard Malanjum Delivered Ramly bin Haji Ali Coram Zaharah binti Ibrahim Coram

Parties (4)

Central Bank of Malaysia Intervener JRI Resources Sdn Bhd Appellant Kuwait Finance House Berhad Respondent President Of Association Of Islamic Banking Institutions Malaysia Intervener

Judgment

Read the full judgment on the official Malaysia Courts portal.

Read on eJudgment

Source: eJudgment (06-06-07-2017-b)