KUALA LUMPUR: Bank Negara has announced the reappointed Nor Zahidi Alias as an external member to the monetary policy committee (MPC) for a three-year term starting on Jan 1, 2026. The central bank said in a statement Nor Zahidi Alias has been an external member of the MPC since Jan 1, 2021. Separately, Bank Negara also announced the reappointment of three Shariah Advisory Council (SAC) members, in accordance with section 53(1) of the Central Bank of Malaysia Act 2009. All three appointments are for a three-year term starting Jan 1, 2026, to Dec 31, 2028. According to the centra bank, the SAC is the highest authority for the ascertainment of Islamic law for purposes of Islamic financial business in Malaysia.

Source: The Star January 01, 2026 00:30 UTC