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1860796878441938944
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INTELEK Repository
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Online Access
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| collectionurl |
https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
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| date |
2014-11-06 11:32:43
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| format |
Restricted Document
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| id |
10528
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| institution |
UniSZA
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| originalfilename |
4563-01-FH02-FESP-14-02049.pdf
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| recordtype |
oai_dc
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| resourceurl |
https://intelek.unisza.edu.my/intelek/pages/view.php?ref=10528
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| spelling |
10528 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=10528 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Article Journal application/pdf 21 1.6 Adobe Acrobat Pro DC 20 Paper Capture Plug-in 2014-11-06 11:32:43 4563-01-FH02-FESP-14-02049.pdf UniSZA Private Access Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013 International Journal of Business and Social Science Takaful business in Malaysia is governed by Islamic Financial Services Act 2013 which provides for the regulations of Takaful and other Islamic finance related business in Malaysia. However, the Act itself is not comprehensive and are relying on many other established Acts that mostly based on the principles of English Common Law. Hence, this paper will evaluate the Islamic ruling of applying the Common Law in the Act based on the Islamic doctrine al-’Urf. The analysis finds that the application of the Common Law in Islamic Financial Services Act is generally permissible provided that the rules do not contradict with any existing Islamic texts. 0 1-21
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| spellingShingle |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
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| summary |
Takaful business in Malaysia is governed by Islamic Financial Services Act 2013 which provides for the regulations of Takaful and other Islamic finance related business in Malaysia. However, the Act itself is not comprehensive and are relying on many other established Acts that mostly based on the principles of English Common Law. Hence, this paper will evaluate the Islamic ruling of applying the Common Law in the Act based on the Islamic doctrine al-’Urf. The analysis finds that the application of the Common Law in Islamic Financial Services Act is generally permissible provided that the rules do not contradict with any existing Islamic texts.
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| title |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
|
| title_full |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
|
| title_fullStr |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
|
| title_full_unstemmed |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
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| title_short |
Legitimacy of Adapting Common Law in Islamic Financial Services Act 2013
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| title_sort |
legitimacy of adapting common law in islamic financial services act 2013
|