ANTI-TERRORISM FINANCING LAWS IN MALAYSIA: CURRENT TRENDS AND DEVELOPMENTS

Authors

  • Aishat Abdul-Qadir Zubair International Islamic University Malaysia
  • Umar Aimhanosi Oseni Ahmad Ibrahim Kulliyyah (Faculty) of Laws, International Islamic University Malaysia
  • Norhashimah Mohd. Yasin Ahmad Ibrahim Kulliyyah (Faculty) of Laws, International Islamic University Malaysia

DOI:

https://doi.org/10.31436/iiumlj.v23i1.163

Keywords:

anti-terrorism financing, Malaysia, terrorism, Prevention of Terrorism Act 2015

Abstract

Malaysia has continued to proactively enhance its legal framework for combating terrorism financing as a phenomenal response to the global war against terrorism. This paper revisits the provisions relating to anti-terrorism financing in the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA), and the recent amendment made to the Act in 2014, as well as the Penal Code of Malaysia. While this study focuses on Anti-Terrorism Laws in Malaysia, AMLATFA forms the crux of the discussion in the light of current developments in anti-terrorism legislation in Malaysia. A brief Islamic legal perspective on anti-terrorism financing is given in the light of specific provisions of AMLATFA and the Penal Code. The paper finds that Malaysia is keeping up with the global developments in Anti-Terrorism Financing laws and this has helped it to maintain a good image in the global world as a country that is ready to combat terrorism generally and terrorism financing specifically. With the emerging threats of the self-styled Islamic State in Iraq and Levant (ISIL) in Malaysia and the world at large, there is no better time than now to come up with a more comprehensive law such as the Prevention of Terrorism Act 2015 to complement existing legislations on terrorism financing

Author Biographies

Aishat Abdul-Qadir Zubair, International Islamic University Malaysia

LL.B (UNILORIN, Nigeria), B.L (NLS, Nigeria), Solicitor and Advocate of  the Supreme Court of Nigeria and currently a MCL student at the Ahmad Ibrahim Kulliyah of Laws(AIKOL), International Islamic University of Malaysia (IIUM

Umar Aimhanosi Oseni, Ahmad Ibrahim Kulliyyah (Faculty) of Laws, International Islamic University Malaysia

Assistant Professor of Law, Ahmad Ibrahim Kulliyyah of Laws

Norhashimah Mohd. Yasin, Ahmad Ibrahim Kulliyyah (Faculty) of Laws, International Islamic University Malaysia

Professor of Law, Ahmad Ibrahim Kulliyyah of Laws

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Published

2015-05-15

How to Cite

Zubair, A. A.-Q., Oseni, U. A., & Yasin, N. M. (2015). ANTI-TERRORISM FINANCING LAWS IN MALAYSIA: CURRENT TRENDS AND DEVELOPMENTS. IIUM Law Journal, 23(1). https://doi.org/10.31436/iiumlj.v23i1.163