The Constitutionality of sections 56 and 57 of the Central Bank of Malaysia Act 2009: JRI Resources Sdn Bhd v Kuwait Finance
Sherin Kunhibava & Valerie Li Ann Yeo
Journal of Malaysian and Comparative Law2019article
ABDC C
Weight
0.26
What the paper says
The Federal Court of Malaysia sitting for the first time on a nine-bench panel passed a landmark decision on Islamic banking and finance on 10 April 2019. It ruled through a majority of five that ss 56 and 57 of the Central Bank of Malaysia Act 2009 (`CBMA') was constitutional and that the Shariah Advisory Council's role was no more than that of an expert body giving evidence. This case note will begin with the legal background of ss 56 and 57 CBMA and will then discuss both the majority and minority decisions of the case before analysing it.
Evidence weight
0.26
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
F · citation impact
0.00 × 0.4 = 0.00
M · momentum
0.20 × 0.15 = 0.03
V · venue signal
0.50 × 0.05 = 0.03
R · text relevance †
0.50 × 0.4 = 0.20
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.