Sharīʿah Advisory Council — Bank Negara Malaysia
National Sharīʿah authority for finance, Malaysia
Malaysia's apex Sharīʿah authority for Islamic finance; affirms the riba prohibition while accepting certain structures (e.g. tawarruq) more readily than Gulf/AAOIFI scholars — a real point of contemporary difference.
On the core questions
3 of the 6 core questions are documented for this voice. Each carries its source.
Q1 · Is riba prohibited in Islam?
ProhibitsSource:BNM SAC resolutions
Q2 · Is conventional bank interest the same as Qurʾānic riba?
ProhibitsSource:BNM SAC resolutions
Q4 · Is contemporary Murābaḥah-based home finance permissible?
Permits — strict conditionsThe Malaysian school accepts some commodity-Murābaḥah / tawarruq structures that stricter Gulf scholars contest.
Source:BNM SAC resolutions
Positions are summarised conservatively from documented statements. A label reflects the scholar's strongest documented position; the nuance line captures the qualifiers. Verify against the cited source, and see the methodology for how these were formed.