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Relationship between a bank and its customers in relation to transactions or arrangements that are in conformity with Shariah principles

(1) Notwithstanding the usage of the words banker, customer, creditor or debtor, in respect of any transaction or arrangement that is entered into by any bank referred to in sub-section (1) of section 27 with its customers, the relationship between such bank and its customers in respect of such transaction or arrangements shall be determined in a...


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