SHARIAH NON-COMPLIANCE EVENT

Which department in OCBC Al Amin can declare or confirmed the Potential SNC Event?

• Shariah Audit

• Shariah Risk

• Shariah Advisory

• Shariah Review

Is it permissible for the bank utilize the SNC income for corporate social responsibility programs and publicize it on social media?

• Yes, it is permissible

• No, it is not permissible

Shariah Committee has decided the potential SNC Event as SNC Event on 25 July 2024. When is deadline for TFO to update the event in eGRC?

• 26 July 2024

• 25 August 2024

• 25 July 2024

• 24 July 2024

Actual SNC Event is defined as any Shariah related event detected and confirmed by an officer within the control function where the Shariah Committee's/Shariah Advisor's decision is pending.

• True

• False

Section 28 (5) of the Islamic Financial Services Act 2013 for contravention of the Act provides:

• Imprisonment for a term not exceeding 25 years

• Fine not exceeding eight million ringgit

• Not exceeding 8 years of imprisonment or fine 25 million ringgit or both

• Not exceeding 25 years of imprisonment or fine 8 million ringgit or both