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A comparative analysis of conventional insurance and Islamic insurance (Takaful) in Malaysia : an emphasis on pricing issues

Noordin, Kamaruzaman
UM Research Repository · Papers · License: CC BY-NC-ND 4.0
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business-lawfinance-and-financial-managementinsurancemalaysiapublic-responsibility
The existence of commercial contract of insurance since long time ago has greatly alleviated the impact of fortuitous happenings upon unfortunate community. This is due to its primary objective which is to provide a necessary economic security against unexpected catastrophes through the concept of r
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