NUSA DUA, Indonesia: The Indonesian government launched on Sunday an Islamic bond linked to endowments, aiming to tap into a pool of assets for its fiscal needs. [...]
Datuk Mujahid Yusof speaks to reporters in Putrajaya July 30, 2018. — Picture by Miera Zulyana
KUALA LUMPUR, Sept 17 — PAS’ acceptance of scandal-ridden Umno shows that the Islamist party is not committed towards combatting corruption, Parti Amanah Negara vice-president Datuk Mujahid Yusof Rawa said today.The Parit Buntar MP, who was previously in PAS, pointed out that the move to cooperate with its former rival was against the Islamic ideals of the Islamist party.“Ultimately, this cooperation has provided an indication that although Umno has been spoilt-rotten with corruption scandals, with some currently in the judicial process, PAS is willing to forget it as though corruption and abuse of power is not an issue in Islam.“PAS has no commitment to combat corruption, and is willing to cooperate with the party which has been tainted by the worst corruption in the country’s political history,” Mujahid said in a statement.“This is a bit confusing because as the most so-called Islamist party, they close their eyes to the corruption of their partner,” he added.The minister also said that the now public collusion between PAS and Umno came as no surprise, as the two parties already had what he called an “intimate affair” in championing pro-Malay and Islam issues.“Prior to this, after PAS had divorced Pakatan Rakyat, the Islamic party acknowledged that it was single and Umno was quick to seek its opportunity to ‘merisik’.“While in the Sungai Kandis and Seri Setia by-elections, PAS and Umno were seen as ‘engaged’, and were only awaiting the date for a wedding ceremony,” Mujahid mocked.“Merisik” refers to a Malay custom where a representative of a man would visit the prospective bride’s family to “enquire” of her availability, and ask for her hand in marriage on behalf of the groom-to-be.PAS and Umno had unofficially joined forces during the Sungai Kandis by-election, before formalising it in the Seri Setia by-election.Both parties have expressed their wish for collaboration, and eventually forming a new political coalition. [...]
KUALA LUMPUR: The Royal Award for Islamic Finance 2018 will be conferred on exceptional individuals in Islamic finance at a special ceremony in the capital on Oct 3. [...]
In a statement, Mais said it has agreed to make the requirements for marrying a child stricter to safeguard the child’s interest and prevent harm, rather than abolishing child marriage altogether. ― AFP pic
KUALA LUMPUR, July 31 ― The Selangor Islamic Religious Council (Mais) announced today that it will move to raise the minimum marriage age for Muslim women to 18 from the previous 16, making it uniform for both genders.It said it will propose an amendment to its Islamic Family Law (Selangor) Enactment 2003 in the state assembly as soon as possible, following discussions with the Selangor Shariah Judiciary Department, and the Selangor Islamic Religious Department (Jais).However, in the statement, Mais did not mention about amending the requirement which would allow Shariah judges to give the green light to child marriages under certain circumstances, under Section 8 of the Enactment.Instead, it said it has agreed to make the requirements for marrying a child stricter to safeguard the child’s interest and prevent harm, rather than abolishing child marriage altogether.The proposed requirements were for the children to attend special sessions on family, counselling by the Welfare Department, and have health checks carried out by a medical officer before they are married.A judge deciding on the child marriage would also be required to review the applicant’s economic status, crime record, and statements from relevant parties.“It is Mais’ desire that the law amendments is to ensure the future of children is the main focus and as main consideration for the judge to decide on application involving marriage to a minor,” it said in a statement.The decision followed public uproar over a 41-year-old rubber trader’s marriage to an 11-year-old girl whom he had groomed since she was seven, in Kelantan.Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said earlier today that the Attorney General Chambers needs more evidence before charging the man under the Sexual Offences Against Children Act 2017.Dr Wan Azizah’s deputy minister in the women’s ministry Hannah Yeoh had previously told Malay Mail that a total of 10,807 child marriages were registered for Muslims between 2007 and 2017. [...]
PETALING JAYA: The Selangor Islamic Religious Council (Mais) wants to tighten restrictions on underaged marriage and raise the legal marrying age for girls from 16 to 18. [...]
The panel, which consists of five members appointed by the Yang di-Pertuan Agong, will be headed by Tun Ahmad Sarji Abdul Hamid.― Picture by Yusof Mat Isa
PETALING JAYA, July 30 — The Malay Rulers have assented to the establishment of a panel to review and improve the administration of Islamic institutions at the federal level.The panel, which consists of five members appointed by the Yang di-Pertuan Agong, will be headed by Tun Ahmad Sarji Abdul Hamid.“It will investigate the basis for the setting up of such institutions and defining their jurisdictions, as well as looking into the effectiveness of these institutions, including the legal and judicial Shariah agencies at the federal level, as they are presently constituted,’’ said Tan Sri Syed Danial Syed Ahmad, Keeper of the Ruler’s Seal, in a press statement today.He said the Malay Rulers gave their assent to the formation of the panel at their pre-council of the 249th Conference of Rulers on July 10.The office of the Keeper of the Ruler’s Seal will act as the panel’s secretariat.The Keeper of the Ruler’s Seal explained that the formation of the high-level panel was in keeping with the position of Islam as provided for in Article 3 of the Federal Constitution that states that Islam is the religion of the federation.“This noble effort preserves and respects the principle underlying such matters and the establishment jurisdiction and powers that are vested therein with the Malay Rulers as Heads of Islam in their respective States.“It is also appropriate that these institutions should undergo improvement so as to protect the religion of Islam, as well as to promote the universal values of Islam in this country,’’ he said.The high-level panel will submit its recommendations to the Conference of Rulers.To conduct its duties, the high-level panel will receive memoranda and will invite submissions from relevant stakeholders as well as views from members of the public.Other members of the panel include Datuk Afifi al-Akiti who is the deputy chair, along with Tan Sri Mohd Kamal Hassan, Datuk Nooh Gadot, and Datuk Mohamad Sheikh Abdul Aziz. [...]
KUALA LUMPUR: Moody's Investors Service is positive on the Government of Malaysia's (A3 stable) efforts to create a local market for Islamic finance instruments and increasing use of domestic sukuk in particular to fund its budget deficit. [...]
COMMENT | The residual trauma of decades under such archaic rule has made me a little sceptical. [...]
COMMENT | Encouraging a plurality of Islamic voices will create greater democracy. [...]
Affin Hwang Investment Bank Bhd has become the first bank to be an approved supplier and user under the newly launched Islamic Securities Selling and Buying Negotiated Transaction (ISSBNT) model — an alternative to conventional securities borrowing and lending (SBL) — launched by Bursa Malaysia.
As a Bursa-approved supplier and user, Affin Hwang can undertake the buying and selling of Shariah-compliant securities for its own account, as well as administer ISSBNT owners’ activities, as an agent (wakalah).
“This activity demonstrates Affin Hwang’s commitment to be a leader in the securities industry in Malaysia, and proves our provision of service excellence to our clients,” Affin Hwang Capital group MD Datuk Maimoonah Hussain (picture) said in a statement yesterday.
The new model was launched by Bursa Malaysia last year to provide a more facilitative trading environment. — TMR
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Datuk Mujahid Yusof Rawa says there should be no discrimination against anyone at work based on their sexual orientation. — Picture by Yusof Mat Isa
KUALA LUMPUR, July 17 ― Islamic Affairs Minister Datuk Mujahid Yusof Rawa stood up for the Lesbian, Gay, Bisexual and Transgender (LGBT) community today, saying there should be no discrimination against anyone at work based on their sexual orientation.His remarks follow uproar from the community over the resignation of Numan Afifi, who was an interim aide to Youth and Sports Minister Syed Saddiq Abdul Rahman.“Any citizen cannot be discriminated in terms of their workplace. Justice cannot be deprived,” he told reporters at the Parliament lobby here.But Mujahid also said there has been no evidence to show Numan, an LGBT activist, was forced to resign from his position because of his personal interests as alleged by his supporters.“If there was any pressure, he has to prove that he was being pressured,” Mujahid said.Numan resigned from being Syed Saddiq's aide after being criticised heavily by Islamic groups.MORE TO COME [...]
Minister in the Prime Minister's Department Datuk Mujahid Yusof Rawa said the government is set to hold discussions with local ulamas and Muslim scholars soon to get feedback on Islamic administration in the country. — Picture by Yusof Mat Isa
PARIT BUNTAR, July 7 — The government is set to hold discussions with local ulamas and Muslim scholars soon to get feedback on Islamic administration in the country.Minister in the Prime Minister’s Department Datuk Dr Mujahid Yusof Rawa said the government’s Islamic institutions such as the Department of Islamic Development (Jakim) would also be discussed.“I would like to assure the people that (the topic of) Islamic administration will be given good input via an independent body so that it is not seen to have political interest.“The Malay rulers and the palace will support this good cause because they are the protectors of Islam and even the Conference of Rulers want to see better Islamic administration under the Pakatan Harapan government,” he told reporters after a Hari Raya event at Dataran Kerian Permai here today.The Parit Buntar MP also assured that Jakim would not be shut down, saying instead its roles would be revised and improved. — Bernama [...]