Section 39A: Scope and application
The Banking Companies Ordinance, 1962 · Federal Acts · IIA · in_force
Discuss this provision with AI
39A. Scope and application.__ Save as expressly provided in this part, the provisions hereof shall apply to all Islamic banking institutions as defined hereunder in clause (a) of section 39B and wherever applicable to Islamic financial institutions as defined in clause (h) of section 39B and shall have effect notwithstanding anything contained to the contrary in the Ordinance or in any other law for the time being in force. All the provisions of this Ordinance except sub- sections (1), (2), (3) and (4) of section 26A shall be applicable to Islamic banking institutions unless repugnant to Shariah.
Effective date: 1962-06-07
Related sections
Version 1 · Source-traceable official reference. LawHub does not modify the official record.