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Asmah Laili Yeon,Mohammad Azam Hussain,Azlin Namili Ramli
Pág. 56 - 61
The Government of Malaysia established the 1 Malaysia Pension Scheme (SP1M) in 2010 and recognizes the importance of savings from an early age to ensure sufficient savings after retirement. After five years been introduced to the public, it is significan...
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Mohammad Azam Hussain,Rusni Hassan,Alias Azhar
Pág. 266 - 270
The Shariah Committee is entrusted with the duties and responsibilities to ensure that the Islamic banking and takaful institutions comply with the Shariah principles in its operations and business activities. The procedures of appointment and cessation ...
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Azlin Namili Mohd Ali,Asmah Laili Yeon,Mohammad Azam Hussain
Pág. 290 - 295
The Government recognizes the significance of savings to guarantee sufficient savings after retirement. In this regard, the Malaysian Government established the Private Retirement Scheme (PRS) in 2012 as a complementary scheme to the existing pension sch...
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Mumtaj Hassan,Mohammad Azam Hussain,Md Rejab Md Desa
Pág. 133 - 137
Retrenchment is a situation wherein the contract of service of the employees are terminated due to surplus in workforce which occurs as a result of economic downturn, reorganization, reduction in production, mergers, takeover, and others. Although retren...
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Mohammad Azam Hussain,Rusni Hassan,Alias Azhar
Pág. 138 - 141
Shariah compliance is a vital element in the operation of Islamic banking business carried out by Islamic banking institutions. In order to strengthen the Shariah governance, the existing legislations regulating Islamic banking business in Malaysia encou...
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