Malaysian business licence·Federal

BNM Islamic Banking Licence (IFSA 2013)

Issued by Bank Negara Malaysia (BNM)Islamic Financial Services Act 2013

Overview

Required to operate a licensed Islamic bank under IFSA 2013. Shariah Committee and IFSB-aligned governance required; BNM approval as Shariah-compliant institution.

Key details

Governing Act
Islamic Financial Services Act 2013
Agency fees
Varies by agency — see official source
Validity
Annual renewal typical
Issuing authority
Bank Negara Malaysia (BNM)

Fees shown are government / local-authority fees payable to the issuing agency. Emerhub charges a separate service fee for handling the application end-to-end.

Which businesses need it