Iftar With Family

Asal Saadiq jer makan, asal makan jer Saadiq or asal gambar jer Saadiq, asal Saadiq jer gambar. This is how we look at Saadiq staffs'. But this time around, iftar was hosted by our CEO, En. Adhha at Kelab Darul Ehsan. Thank you boss, you always awesome!!

- Ramadhan Is Like The Rain, It Nourishes The Seeds Of Good Deeds -

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IFSA 2013

Introduction New Islamic Financial Services Act (ISA) 2013 will be introduced in order to enforce the management of Syariah non-compliance risk and require Islamic financial institutions. It also to ensure that their aim, operation, business, affairs and activities are Syariah compliance . The objects of this Act are to promote financial stability and compliance with Syariah and this new Act seeks to consolidate the Islamic Banking Act 1983 and the Takaful Act 1984. This new Act will revamp the existing laws on Islamic banking in Malaysia, inter alia:- 1. Definition of Islamic Banking Business Previously, the definition of "Islamic banking business" in the Islamic Banking Act 1983 were defined as banking business whose aims and operations do not involve any element which is not approved by the religion of Islam. This definition is too general because there is no exact definition of banking business. Howeve...

DUTIES OF NOMINEE DIRECTORS TO AVOID CONFLICT OF INTEREST: NOMINATOR VS COMPANY

The question of the study is when a conflict arises between the director's duty to the nominator and the duty to the company, who is prevail? 1.0 DEFINITION OF NOMINEE DIRECTOR A nominee director is a person who is appointed to the board of directors of a company by a certain appointor. The appointor is usually a person with a large shareholding in the company and the nominee represents that appointor's interests. This frequently happens in joint venture companies individuals to sit as directors on its subsidiaries . It is common for a person who has acquired a substantial holding of shares in a company or for a financial institution which has lent a large amount to a company to seek to nominate one or more of the company's board members . 1.1 Types of Nominee Director Where the nominee does not participate in the day-to-day running of the company, he is regarded as non-executive . In certain circumst...

I am Drafter: Access and Benefit Sharing Law in Malaysia

Malaysia is in the process of drafting Access and Benefit Sharing Law. The objective of this Bill to implement the objectives under the Convention on Biological Diversity specifically on access to biological resources and the sharing of benefits arising from their utilization. For the purpose of this Bill, the author seeks to propose certain features to include in this Bill. These features are taken from the several countries which already enacted this law under their jurisdiction such as Australia, Costa Rica, Kenya, Bhutan and so on. Title This Act shall be called the Access Benefit Sharing Act of Malaysia, 2012 and it shall apply throughout Malaysia Purpose and objectives This Act shall have the following purposes and objectives: a) to ensure national sovereignty of Malaysia over genetic resources in accordance with relevant National and International Law; ...

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