Former Bank Muamalat CEO says sorry over ‘non-halal’ cheque issue

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SEREMBAN: Former Bank Muamalat Bhd chief govt officer Datuk Mohd Redza Abdul Wahid has apologised to the Agape Community Church and the Wah Chai Association on behalf of the Islamic banking neighborhood after the financial institution allegedly rejected a cheque issued by the non secular group.

Mohd Redza additionally described it as disturbing that no “authoritative” establishment had come ahead to make clear the matter.

“Please enable me to make clear this matter. Firstly and most significantly, Islamic banking is for all and actually it has been. This sort of incident has been mentioned on the Shariah degree and the conclusions are very clear,” he mentioned in a Facebook publish on Sunday (Dec 26).

Mohd Redza who served as chief govt officer until November 2019 mentioned cheque funds made by any organisation should be honoured except there are parts of offences below the Anti-Money Laundering Act (AMLA) at hand.

Mohd Redza mentioned the error made was particular person in nature and didn’t adjust to the spirit of Islamic banking.

“The Prophet Muhammad was exemplary in his remedy of non-Muslims. Until the day he handed away, he fed a blind Jewish beggar each day,” he mentioned, emphasising that Islamic banking was for all.

Earlier at this time, Bank Muamalat Malaysia denied claims that it refused to simply accept a cheque from a buyer right here final week as a result of it was “non-halal.”

Its head of banking operations Muhamad Radzuan Rahman mentioned the financial institution initially rejected the cheque because the identify of the payee as written was not the identical because the one registered in its system.

“Let me make it very clear that there isn’t a such factor as a halal or non-halal cheque. We are a licensed monetary establishment which supplies banking companies together with cheque clearing and it’s our duty to simply accept any cheque,” he mentioned

“That explicit cheque was initially rejected purely as a result of a technical cause,” added Muhamad Radzuan, including that the issue was as a result of a misunderstanding.

He was talking after his assembly with Lobak assemblyman Chew Seh Yong and Wah Chai Association representatives right here on Monday (Dec 27).

He was responding to an announcement by Chew who had requested on Friday (Dec 24) if the financial institution had rejected a cheque for RM1,500 from a spiritual organisation for Wah Chai Association just because it was not halal.

The donation was for a beautification programme on the Jalan Lee Sam cemetery.

Chew had then mentioned a Wah Chai official made the “non-halal” declare to him after the financial institution rejected the cheque.

Muhamad Radzuan mentioned a Wah Chai consultant had deposited the cheque at a deposit field and didn’t work together with any financial institution officer.

“When we bought the cheque, we wished some clarification on the aim of the donation and the supply as required below the Anti-Money Laundering Act.

“It was then we found that the identify of the payee on the cheque and in our system didn’t match. So, we referred to as and requested them to take the cheque again,” he mentioned.

He mentioned when Chew tried to financial institution within the cheque a second time, the financial institution acquired clearance to simply accept it from its headquarters.

“In conclusion, I wish to say that the entire episode was as a result of a misunderstanding. The financial institution must know the aim of the cheque and the supply.

“So there will need to have been an issue of how events interpreted the scenario and this was most likely how the phrases ‘halal’ or ‘non-halal’ happened.

“Also, we have no idea if these had been uttered as we weren’t there,” he mentioned.

Chew mentioned he and Wah Chai Association accepted the financial institution’s clarification and would put the matter to relaxation.

“We had a really cordial dialogue and the matter has been resolved.

“In reality, I additionally acquired a name from the financial institution on Friday night telling me they are going to settle for the cheque,” he added.



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