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Emerging Issues in Islamic Finance Law and Practice in Malaysia
Focuses on emerging legal and regulatory issues in the Islamic finance industry in Malaysia. Introduces significance of Islamic finance law, convering the topics on wealth consumer protection, regulatory compliance and legal documentation, and fintech and blockchain technology. Explores perspective on how Islamic banks in Malaysia deal with unlawful sources of funds and the objective of Shari ah in nomination for the payment of family takaful benefits. Analyzes the role of financial regulator in protecting bank consumers from unfair contract terms and the effects of anti-money laundering and anti-terrorism financing law on innovation of mobile payment systems in Malaysia. Covers Fintech and the transformation of the Islamic finance regulatory framework in Malaysia and cryptocurrencies and anti-money laundering laws.
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