The objective of the Islamic Finance Committee (“IFC”) is to provide training for Members of the Bar in the area of Islamic finance. IFC seeks funding from the government and other sources to provide the best trainings at an affordable cost.
IFC was involved in the following activities for the 2010/2011 term:
(1) The ‘Workshop on Legal Documentation for Islamic Financing’ was held twice, in Malacca and Kedah from 2 to 4 Apr and 23 to 25 Apr 2010, respectively. A total of 89 lawyers attended both workshops.
(2) In collaboration with Association of Islamic Banking Institutions Malaysia (“AIBIM”) and Advocates’ Association of Sarawak (“AAS”), the final segment of the ‘National Symposium on Islamic Banking and Finance’ series was held on 21 to 22 May 2010. It was hosted by the Kuching branch of AAS, and held in Sarawak.
(3) IFC visited Securities Commission Malaysia (“SC”) on 18 June 2010. The purposes of the visit were to: gain an overview of the development of the Malaysian Islamic capital market; build a good working relationship with SC; and build a reservoir of materials for the Islamic banking resource centre, which will be set up at the Bar Council library, for the convenience of Members.
(4) A meeting with bankers and representatives from AIBIM to discuss and draft standard claim criteria for three summonses - the Murabahah, Ijarah and Bai Bithaman Ajil - was held on 18 June 2010. These criteria will guide Members on the basic requirements when preparing documents on Islamic finance.
(5) IFC organised a talk on ‘Islamic Banking and Financing: Tawarruq & Bursa Suq Al-Sila’’ on 7 Oct 2010, which was attended by 40 participants. The speaker, Norfadelizan Abdul Rahman, is the Vice-President of the Islamic Markets Division of Bursa Malaysia Berhad. He currently leads the development and marketing of Bursa Suq Al-Sila’.
Ahmad Taufiq Baharum Chairperson Islamic Finance Committee
Dated 1 Nov 2010
(1) Ahmad Taufiq Baharum (Chairperson) (2) Yasmeen Shariff (Deputy Chairperson)
Members: (3) Abdul Syaheed Ismail (4) Adham Jamalullail (5) Adzly Ab Manas (6) Allen Miranda Emmanuel (7) Al-Sabri Ahmad Kabri (8) Aminurasyed Mahpop (9) Andrew Khoo Chin Hock (10) Chong Siew Ean (11) Hazlina Ahmad (12) Mad Diah Endut (13) Megat Hizaini Hassan (14) Mohamad Ezri Abdul Wahab (15) Muhammad Illiayas Seyed Ibrahim (16) Shamsuriah Sulaiman (17) Sharifah Mazwin Syed Abu Bakar (18) Tengku Hasmuddin Tengku Othman
2012 Bar Council Subscription Click the link above to download Circular 072/2012 pertaining to the 2012 Bar Council subscription, including the payment guide and a set of Frequently-Asked-Questions.
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International Malaysia Law Conference (26 to 28 Sept 2012) Hurry up! The countdown continues and the current promotion rate ends 30 June 2012. Don't miss what is going to be the best conference in the region! On top of that, if you sign up with 5 or more people from the same organisation, we will give you a 10% group discount. Click on the link above to register.
Talk on Summary Judgement (25 May 2012) Organised by the Selangor Bar Committee, this talk will take place at 5:00 pm, at the Selangor Bar Committee Auditorium, on 25 May 2012 (Friday). The talk will be conducted by Ramesh Supramanian. Click on the link above for more details.
Seminar on Tax Issues in Financial Transactions (25 May 2012) Organised by the Kuala Lumpur Bar Professional Development Committee, this seminar, featuring S Saravana Kumar, will take place at 3:00 pm, at the Kuala Lumpur Bar Auditorium, on 25 May 2012 (Friday). Click on the link above for more details.
Dialogue with Criminal Law Practitioners (26 May 2012) Organised by Bar Council, this dialogue will take place at 10:00 am to 12:00 pm, at the Raja Aziz Addruse Auditorium, Bar Council, on 26 May 2012 (Saturday). Click on the link above for more details.
Conference on Competition Law (31 May 2012) Organised by Bar Council with the support of LexisNexis, this conference will take place at 8:30 am to 4:00 pm, at Renaissance Kuala Lumpur Hotel, on 31 May 2012 (Thursday). For more details or to register, please contact Vilashini Vijayan (03-2050 2095; vila@malaysianbar.org.my). Click on the link above for more details.
Talk on What Clients Want (7 June 2012) Organised by the KL Bar Practitioners' Affairs Committee, the talk, presented by Ong Eu Jin, will take place at 5:00 pm, at the KL Bar Auditorium, on 7 June 2012 (Thursday). Click on the link above for more details.
4th LAWASIA Family Law Conference, Penang (13 and 14 July 2012) Supported by Penang Bar Committee and the Malaysian Bar, this conference, themed “The New Global Family: Emerging Trends and Challenges to Family Practice”, will take place at Traders Hotel, Penang, on 13 and 14 July 2012 (Friday and Saturday). Click on the link above for more details.