Tan Sri Halim Bin Saad v AMANAH INTERNATIONAL FINANCE SDN BHD

w-02muaw-190-02-2023 Court of Appeal (Mahkamah Rayuan) 9 November 2025 • W-02(MUA)(W)-190-02/2023 • 3 min read

Catchwords

Breach of financing agreement-The issue of Gharar- “Tawarruq” concept of Shariah banking system- Shariah principles- Central Bank of Malaysia Act 2009

Practice Areas

Breach of financing agreement-The issue of Gharar- “Tawarruq” concept of Shariah banking system- Shariah principles- Central Bank of Malaysia Act 2009

Judges (3)

Hashim bin Hamzah Coram Ismail bin Brahim Coram Wong Kian Kheong Delivered

Parties (2)

AMANAH INTERNATIONAL FINANCE Sdn Bhd Respondent Tan Sri Halim bin Saad Appellant

Case Significance

Tan Sri Halim Bin Saad v AMANAH INTERNATIONAL FINANCE SDN BHD is a Court of Appeal (Mahkamah Rayuan) decision dated November 9, 2025 (citation: w-02muaw-190-02-2023). The panel comprised Hashim bin Hamzah, Ismail bin Brahim and Wong Kian Kheong, with Wong Kian Kheong delivering the judgment.

Key issues: Breach of financing agreement-The issue of Gharar- “Tawarruq” concept of Shariah banking system- Shariah principles- Central Bank of Malaysia Act 2009.

What was the outcome of Tan Sri Halim Bin Saad v AMANAH INTERNATIONAL FINANCE SDN BHD?

Tan Sri Halim Bin Saad v AMANAH INTERNATIONAL FINANCE SDN BHD is a Court of Appeal decision dated November 9, 2025. The case was heard by Hashim bin Hamzah. See the full judgment for details.