Bank Negara Malaysia wishes to announce that its Shariah Advisory Council in its 74th meeting has decided that the rounding mechanism introduced by the Government of Malaysia to the nearest 5 sen for all payments made over the counter effective from 1 April 2008 is Shariah compliant. The decision is based on the following:-

1) The objective of rounding mechanism implemented by the Government is for public interest;
2) The difference between actual and rounded amounts for each payment is very negligible; and
3) The mechanism is beneficial for all and does not create any harmful (dharar) to all transacting parties.