Summary of the Shariah Advisory Council of Bank Negara Malaysia (SAC) Statement and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Proposed Paddy Financing Product Based on Bai` Salam Contract
Summary of the Shariah Advisory Council of Bank Negara Malaysia (SAC) Statement and Standards under Section 29(1) of the Islamic Financial Services Act 2013 (IFSA) and Section 33E(1) of the Development Financial Institutions Act 2002 (DFIA) on Proposed Paddy Financing Product Based on Bai` Salam Contract
Embargo :
For immediate release
Not for publication or broadcast before
2000 on
Friday, 17 October 2025
17 Oct 2025
Bank Negara Malaysia
17 October 2025
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