Business : BNM Appoints Ahmad Fauwaz Fadzil To Shariah Advisory Council
KUALA LUMPUR, Oct 30 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Ahmad Fauwaz Fadzil as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Nov 1, 2026.
KUALA LUMPUR - Bank Negara Malaysia has announced the appointment of Ahmad Fauwaz Fadzil to the Shariah Advisory Council (SAC) for a two-year term starting November 1, 2026. The decision aligns with Section 53(1) of the Central Bank of Malaysia Act 2009. The SAC, which will now consist of nine members, comprises experts with expertise in Shariah, Islamic finance, accounting, and law.
Bank Negara Governor Datuk Seri Abdul Rasheed Ghaffour highlighted the SAC's crucial role in supporting Malaysia's Islamic finance goals, and expressed his confidence in Ahmad Fauwaz's contribution to the council. Datuk Setia Dr Anhar Opir, who has served on the SAC since November 1, 2019, will complete his tenure on October 31, 2026.
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