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  1. About Us
  2. Statutory Committees
  3. Shariah Advisory Council
  4. Shariah Advisory Council
  5. SAC Latest Updates

Asset Publisher

SAC Updates

DateStatement
20 Dec 2025 Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) 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 Inventory Purchase Product Based on Parallel Istisna` Contract
17 Oct 2025 Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) 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 Corporate Insurance Coverage of Islamic Financial Institutions
17 Oct 2025 Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) 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 Implementation of New Features of Sell and Buy Back Agreement (SBBA)
17 Oct 2025 Statement of the Shariah Advisory Council of Bank Negara Malaysia (SAC) on Funding Facility for Retail Payments Settlement (FRPS) through Real Time Electronic Transfer of Funds and Securities (RENTAS)
17 Oct 2025 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 Inventory Purchase Based on Parallel Istisna` Contract
17 Oct 2025 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
16 Jul 2024 Summary of The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on Implementation of New Features of Sell and Buy Back Agreement (SBBA)
01 Jun 2024 The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on the Shariah Parameters on Transfer of Funds for Funding and Liquidity Risk Management from an Islamic Financial Institution to a Conventional Financial Institution
30 May 2024 Summary of the Shariah Advisory Council (SAC) Ruling: Issuance of Malaysian Government Investment Issue (MGII) Based on Wakalah Concept
30 May 2024 The Shariah Advisory Council of Bank Negara Malaysia (SAC) Ruling on Anticipatory Hedging
24 Jan 2024 BNM Shariah Advisory Council's Ruling on Buy Now Pay Later Facility
06 Jan 2024 BNM Shariah Advisory Council's Ruling on Ceding Out of Takaful Risk to Insurance Companies under Hardship Situation
26 Jan 2023 Appointment of Members of the Shariah Advisory Council of Bank Negara Malaysia
12 Feb 2022 Ruling of the BNM Shariah Advisory Council at its 218th Meeting
27 Dec 2021 Ruling of the BNM Shariah Advisory Council at its 217th Meeting
09 Jul 2021 Ruling of the Shariah Advisory Council (SAC) of Bank Negara Malaysia at its 213th Meeting
23 Mar 2021 Ruling of the Bank's Shariah Advisory Council on the Adoption of Risk-Free Rate
11 Aug 2020 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 30th Special meeting
22 May 2020 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 190th Meeting
23 Jan 2020 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 194th and 195th Meeting
14 Dec 2019 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 194th Meeting
14 Dec 2019 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 191st Meeting
23 Nov 2018 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 188th Meeting
10 Oct 2018 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 187th Meeting
10 Oct 2018 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 186th Meeting
06 Feb 2018 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 182nd Meeting
06 Dec 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 181st Meeting
04 Oct 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 179th Meeting
06 Sep 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 178th Meeting
08 Jul 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 177th Meeting
08 Jun 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 176th Meeting
07 Mar 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 174th Meeting
03 Feb 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 173rd Meeting
06 Jan 2017 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 172nd Meeting
31 Aug 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 170th Meeting
27 Jul 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 169th Meeting
29 Jun 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 168th Meeting
15 Apr 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 167th Meeting
27 Feb 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 166th Meeting
30 Jan 2016 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 165th Meeting
06 Nov 2015 Shariah Staff Working Paper
02 Oct 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 162nd Meeting
19 Aug 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 160th Meeting
07 Jul 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 159th Meeting
22 Jun 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 158th Meeting
14 May 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 157th Meeting
07 May 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 156th Meeting
10 Feb 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 155th Meeting
08 Jan 2015 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 154th Meeting
16 Dec 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 153rd Meeting
23 Oct 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 150th Meeting
13 Oct 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 151st Meeting
08 Jul 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 148th Meeting
30 Apr 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 147th Meeting
30 Apr 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 146th Meeting
25 Apr 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 145th Meeting
17 Apr 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 144th Meeting
17 Apr 2014 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 143rd Meeting
06 Feb 2014 Exposure Drafts on Islamic Financial Contracts (Shariah Requirements and Optional Practices)
24 Dec 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 142nd Meeting
04 Dec 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 141st Meeting
04 Dec 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 140th Meeting
29 Oct 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 139th Meeting
06 Jun 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 135th Meeting
28 May 2013 Mesyuarat MPS ke-135 (28 Mei 2013)
30 Apr 2013 The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 134th Meeting

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