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Prize-giving to the premium savings certificate holders

  • Mohd. Sawari
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    Purpose - Considering the popularity of the premium savings certificate (PSC) of the National Savings Bank of Malaysia (Bank Simpanan Nasional (BSN)) the paper aims to justify the Design/methodology/approach - Inductive methodology is first used to obtain a basic understanding of this product and the characteristics of Findings - The paper argues that the underlying contract used in PSC violates the conditions of w Originality/value - In particular, it attracts the attention of BSN management to change their product's features. In general, it discovers a non-

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    Article provided by Emerald Group Publishing in its journal International Journal of Islamic and Middle Eastern Finance and Management.

    Volume (Year): 4 (2011)
    Issue (Month): 3 (October)
    Pages: 259-270

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    Handle: RePEc:eme:imefpp:v:4:y:2011:i:3:p:259-270
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