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

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

Catchwords

Constitutional law - Central Bank of Malaysia Act 2009 S 56,57 - Shariah Advisory Council - whether section 56,57 of CBMA breaches Federal Constitution for having the effect of vesting judicial power in the Shariah Advisory Council - whether the provisions violates doctrine of separation of power - whether Parliament can set up a legislative mechanism in relation to Islamic financial business - whether Court is bound to advice by SAC - whether the impugned provision intrudes onto judicial power

Practice Areas

Constitutional Law

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 Applicant 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 (06i-06-07-2017-b)