| ARTICLE |
MORATORIUM FROM THE PERSPECTIVE OF MAQASID ALSHARIAH
The moratorium term began to be widely used and understood by the public when Bank Negara Malaysia (BNM) announced the issuance of a six-month moratorium for bank borrowers starting 1 April 2020 following the COVID-19 crisis. The issuance of the moratorium was implemented long ago by the banks in Malaysia, only it was not advertised in public and was more on a case-to-case basis. In general, the moratorium is the deferral of repayment of loan/financing instalments due to urgent factors that disallow the debtor to make usual payments. This paper discusses the repayment moratorium from the perspective of Maqasid al-Shariah and recommendations that can be improved for the interest (maslahah) of all parties. Read More → |
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| LATEST CASES |
AZRI AMIN v. KETUA PEGAWAI EKSEKUTIF MAJLIS AGAMA ISLAM DAN ADAT MELAYU PERAK & ANOR CONSTITUTIONAL LAW: Jurisdiction - Civil court - Validity of conversion - Issue of whether individual's conversion to Islam null and void - Whether status of conversion fell within exclusive jurisdiction of Syariah Court
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