In this Act, unless the context otherwise requires -
"branch" in relation to an Islamic bank includes a mobile branch of the bank and a branch established and maintained for a limited period only;
"Central Bank" means the Central Bank of Malaysia established by the Central Bank of Malaysia Act 1958; [Act 519]
"company" has the meaning assigned to it by the Companies Act 1965; [Act 125]
"corporation" has the meaning assigned to it by the Companies Act 1965;
"depositor" means a person who has an account at an Islamic bank, whether the account is a current account, a savings account, an investment account or any other deposit account;
"Islamic bank" means any company which carries on Islamic banking business and holds a valid licence; and all the offices and branches in Malaysia of such a bank shall be deemed to be one bank;
"Islamic banking business" means banking business whose aims and operations do not involve any element which is not approved by the Religion of Islam;
"Islamic deposit" means a sum of money or monies worth received by or paid to any person, under which the receipt and repayment shall be in accordance with the terms of an agreement made under any Syariah principle on any basis including custody or profit sharing;
[Ins. Act A1255:s.2]
"investment account liabilities" [Deleted by Act A1255:s.2]
"licence" means a licence granted under section 3;
"other deposit liabilities" [Deleted by Act A1255:s.2]
"public company" has the meaning assigned to it by the Companies Act 1965;
"savings account liabilities" [Deleted by Act A1255:s.2]
"share" means share in the share capital of a corporation and includes stock, except where a distinction between stock and share is expressed or implied;
"sight liabilities" [Deleted by Act A1255:s.2]
"subsidiary" has the meaning assigned to it under section 5 of the Companies Act 1965;