The role of financial regulator in protecting bank consumers from unfair contract terms: the case of Malaysian Islamic banks

• Main Authors: Abu Bakar, Noor Mahinar, Mohd Yasin, Norhashimah, Razali, Siti Salwani, Ng, See Teong
• Other Authors: Oseni, Umar A.
• Format: Book Chapter
• Language: English
• Published: Emerald Publishing Limited 2019
• Subjects: HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/77497/1/77497_The%20role%20of%20financial%20regulator.pdf; http://irep.iium.edu.my/77497/; https://doi.org/10.1108/978-1-78973-545-120191012

This chapter aims to examine Bank Negara Malaysia’s (BNM) approach in fulfilling its financial consumer protection mandate from unfair contract terms and the statutory framework relevant for consumer protection in the domestic market. This is a qualitative-based research. Using content analysis, thi...