foreign institution

"foreign institution" means a person, not being a licensed institution or a scheduled institution, which carries on any business outside Malaysia which corresponds, or is similar, to the business of any licensed or scheduled institution whether or not such person has a representative office;
ACT 372 - BANKING AND FINANCIAL INSTITUTIONS ACT 1989
2. Interpretation.

foreign institution

"foreign institution" means a foreign company which carries on business outside Malaysia which is similar to the takaful business as provided under this Act or a foreign company which carries on any other financial business as may be specified by the Director General;
ACT 312 - TAKAFUL ACT 1984
2. Interpretation.

foreign institution

"foreign institution" means a foreign company which carries on business outside Malaysia which is similar to the Islamic banking business as provided under this Act or the business of any institution licensed under subsection 6(4) of the Banking and Financial Institutions Act 1989 [Act 372];
ACT 276 - ISLAMIC BANKING ACT 1983
2. Interpretation.