KUALA LUMPUR: Bank Negara Malaysia has appointed Ahmad Fauwaz Fadzil as a new member of the Shariah Advisory Council (SAC) for a two-year term, effective Nov 1, 2026.
In a statement today, Bank Negara said the appointment was made in accordance with Section 53(1) of the Central Bank of Malaysia Act 2009.
"With the new appointment, the SAC will comprise nine members with expertise and experience in Shariah, Islamic finance, accounting and law," it said.
Bank Negara Governor Datuk Seri Abdul Rasheed Ghaffour said the SAC plays a significant role in contributing to Malaysia's aspirations in Islamic finance.
