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| Thursday, 23 February 2012, 14:16 MST |
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Islamic Hire Purchase Bill Draft in Final Stage, says Ismail Sabri |
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| BERA, Feb 12 (Bernama) -- The drafting of an Islamic hire purchase bill is in the final stage, Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said today. He said the draft is being prepared by having considered the views of Islamic economists, university lecturers and Muslim consumer association leaders and having looked at similar Islamic laws in other countries. "The new act will be known as the Islamic Hire Purchase Act to differentiate the characteristic |
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| SUPPORTING ORGANIZATIONS |
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| BOARD OF ADVISORS |
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| NEWS |
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| Malaysia, Australia to sign Trade Pact in May |
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| The Malaysia-Australia Free Trade Agreement (MAFTA) will be signed this May after the conclusion of the talks on the agreement, slated in March, said Minister of International Trade and Industry Datuk Seri Mustapa Mohamed. |
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| MyCC warns Financial Institutions against breaking BNM Rules |
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| PETALING JAYA: The Malaysia Competition Commission (MyCC) will take action against financial institutions should they collude to make changes to automotive loan applications without a formal directive from the central bank. MyCC chief executive ... |
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| Asean Tax Portal in Pipeline |
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Muttath KM Services has announced the launch of Asean Tax Portal, a portal that will consolidate Asean tax information. More information will follow shortly.
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| New Look MLTIC Web Cluster |
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Muttath KM Services has re-launched Malaysian Legal and Tax Information Centre, a Free Access to Law cluster of portals on Malaysian law and tax, with several enhanced features and a new look. The new web cluster is available at malaysianlaw.my.
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The law of Malaysia is mainly based on the common law legal system, a direct result of the British colonisation of Malaya, Sarawak, and North Borneo by Britain. |
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The Federal Constitution is the supreme law of Malaysia. It establishes a constitutional monarchy with the Yang di-Pertuan Agong as the Head of State. It provides for the establishment of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and Cabinet Ministers; and the judiciary headed by the Federal Court.
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MLTIC allows individuals and organizations to take advantage of its standing as the most-visited web portal on Malaysian law and tax by becoming sponsors and advertisers. Several options are available.
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MLTIC is planning to develop a wide range of products and services for Malaysian legal and tax industries. MLTIC believes that forging long-term partnerships with the right people is the way forward, and is looking for enterprising individuals or organizations to partner with.
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Corporate Law aims to build, operate, promote and sustain an online law portal that provides free, fast and easy access to Malaysian corporate and commercial law information.
Corporate Law, the first-of-its-kind web portal in the Region, is accessible at www.corporatelawmalaysia.com. |
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Corporate Law is a micro-site of MLTIC, the most popular web portal on Malaysian law and tax. MLTIC (read as M-L-Tick) or Malaysian Legal and Tax Information Centre is a cluster of web portals on Malaysian law and tax. MLTIC consists of a main portal and 9 micro-sites accessible at or via www.malaysianlaw.my. MLTIC is an initiative inspired by Free Access to Law movement.
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