KUALA LUMPUR: Bank Negara Malaysia has appointed two new members to its Syariah Advisory Council (SAC) for a two-year term beginning 1 May 2025.

The central bank named Professor Dr Amir Shaharuddin, Director of the Centre of Excellence in Islamic Social Finance at INCEIF University, and Professor Dr Abdul Rahim Abdul Rahman, a member of Majlis Agama Islam Wilayah Persekutuan, as the new additions to the council.

“With the new appointment, the SAC will comprise nine members with expertise in syariah, Islamic finance, accounting and law,” Bank Negara said in a statement.
Established under Section 53(1) of the Central Bank of Malaysia Act 2009, the SAC serves as the highest authority in determining Islamic law concerning financial business and transactions in Malaysia.
— BERNAMA