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SAC in BNM & Shariah Committee

NURAIDA MALIHA
22
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Masalah tambahan (10/ 20)
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masalah 1

pilihan

When was the SAC of BNM established ?

  • 1993
  • 1997
  • 2001
  • 2010

masalah 2

pilihan

What is the minimum number of members in the Shariah Advisory Council according to the Central Bank of Malaysia Act?

  • 3
  • 5
  • 7
  • 11

masalah 3

pilihan

Who appoints the members of the Shariah Advisory Council?

  • Prime Minister
  • Conference of Rulers
  • Minister of Finance upon the advice of Bank Negara Malaysia
  • Chief Justice

masalah 4

pilihan

What is the main difference between the SAC and the Shariah Committee in banks?

  • SAC is only for retail matters
  • There is no difference
  • Shariah Committee only manages internal audits
  • SAC makes decisions at the national level, Shariah Committee is for individual banks

masalah 5

pilihan

Decisions made by the SAC are:

  • Binding on all courts and financial institutions in Malaysia
  • Not binding
  • Only advisory
  • Only for Bank Negara Malaysia’s internal use

masalah 6

pilihan

Decisions of the Shariah Committee in a bank have the same authority as SAC decisions.

  • True
  • False

masalah 7

pilihan

What is one of the criteria for appointing members of a Shariah Committee in a bank?

  • Experience only in civil law
  • No special qualifications required
  • Qualification in Shariah or Islamic commercial jurisprudence (fiqh muamalat)
  • Must be a former Shariah court judge

masalah 8

pilihan

The SAC is responsible for providing clarification to the courts on Islamic finance issues.

  • True
  • False

masalah 9

pilihan

The Shariah Advisory Council (SAC) plays a role in resolving disputes related to Shariah issues in Islamic finance.

  • True
  • False

masalah 10

pilihan

Which of the following is NOT a role of the Shariah Committee in an Islamic bank?

  • Advising the bank on Shariah compliance of products
  • Reviewing and endorsing Shariah-compliant documents
  • Reporting Shariah non-compliance to the Board and regulator
  • Overseeing the day-to-day management of the bank
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