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Q&A with FB Attorneys
In this week’s column read questions on:
Legal Update
Legal Update – 2 January 2026
BoT Issues Regulations on Non-Interest Banking Business
- Legal and regulatory framework for non-interest banking business introduced
- Licensing and approval requirements provided
- Applicability of Shari’ah principles codified
- Governance, oversight and risk management issues strengthened
- Profit sharing, non-permissible income and disclosure rules stipulated
- Penalties for non-compliance prescribed
Legal Quest
In this week’s Legal Quest the poll results read:
- Can a marriage be legally annulled if one of the parties was incapable of consummating it from the outset?
YES – 91% | NO – 9% - Is it allowed to run a funding campaign to support someone in need?
YES – 60% | NO – 40% - Can a person be charged with a crime for sharing someone else’s private information online?
YES – 96% | NO – 4%













