Prize-giving to the premium savings certificate holders: AShari'ah compliance review on the Bank Simpanan Nasional (National Savings Bank) in Malaysia
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-
Volume (Year): 4 (2011)
Issue (Month): 3 (August)
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