Buat kuiz
# 1
pilihan
When was the SAC of BNM established ?
- 1993
- 1997
- 2001
- 2010
Hutan
Ikut Turutan
Universiti
Lain-lain
22
Allow incorrect answer
Tunjukkan jawapan
public kuiz
# 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
# 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
# 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
# 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
# 6
pilihan
Decisions of the Shariah Committee in a bank have the same authority as SAC decisions.
- True
- False
# 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
# 8
pilihan
The SAC is responsible for providing clarification to the courts on Islamic finance issues.
- True
- False
# 9
pilihan
The Shariah Advisory Council (SAC) plays a role in resolving disputes related to Shariah issues in Islamic finance.
- True
- False
# 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
Google Classroom Share