KUALA LUMPUR, Wednesday [1 April 2009] – Customers of Bank Islam and the public at large can now take comfort from the certainty that Bai Bithamam Ajil (BBA) contracts are valid and binding. This follows the unanimous decision by judges of the Court of Appeal on 31 March 2009 during a proceeding involving Bank Islam. The said decision reaffirmed Bank Islam’s practices in relation to BBA contracts are Shariah compliant and valid.

The Court of Appeal also reiterated that a BBA contract is a sale transaction and therefore must not be compared to a loan transaction.

 
KUALA LUMPUR, Rabu [1 April 2009] - Pelanggan dan orang ramai kini tidak perlu lagi berasa sangsi dengan pematuhan kontrak Bai Bithaman Ajil (BBA) di Bank Islam kerana Mahkamah Rayuan telah memutuskan kontrak itu adalah sah dan mematuhi Syariah. Perkara ini diputuskan sebulat suara oleh hakim Mahkamah Rayuan pada 31 Mac 2009 dalam satu prosiding yang membabitkan Bank Islam.

Mahkamah Rayuan turut menegaskan bahawa kontrak BBA adalah urus niaga jualan, justeru, tidak boleh dibandingkan dengan mana-mana urus niaga pinjaman.