IDEAS home Printed from https://ideas.repec.org/a/eme/imefpp/v4y2011i3p259-270.html
   My bibliography  Save this article

Prize-giving to the premium savings certificate holders: AShari'ah compliance review on the Bank Simpanan Nasional (National Savings Bank) in Malaysia

Author

Listed:
  • Mohd. Sawari
  • Razi Hassan
  • Faruk Abdullah

Abstract

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-

Suggested Citation

  • Mohd. Sawari & Razi Hassan & Faruk Abdullah, 2011. "Prize-giving to the premium savings certificate holders: AShari'ah compliance review on the Bank Simpanan Nasional (National Savings Bank) in Malaysia," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing, vol. 4(3), pages 259-270, August.
  • Handle: RePEc:eme:imefpp:v:4:y:2011:i:3:p:259-270
    as

    Download full text from publisher

    File URL: http://www.emeraldinsight.com/10.1108/17538391111166485?utm_campaign=RePEc&WT.mc_id=RePEc
    Download Restriction: Access to full text is restricted to subscribers

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:imefpp:v:4:y:2011:i:3:p:259-270. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Virginia Chapman). General contact details of provider: http://www.emeraldinsight.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.