Good Faith in Insurance and Takaful Contracts in Malaysia: A by Haemala Thanasegaran

By Haemala Thanasegaran

This publication examines strong religion in non-marine coverage and takaful (Islamic assurance) contracts in Malaysia, and proposes holistic legislations reform of a similar. the 1st two-thirds of the publication contain an intensive comparative felony research of the problems among Malaysia, Australia and the uk, with the ultimate 3rd devoted to a socio-economic research of legislation reform and recommendations for legislation reform quite fitted to Malaysia.

The ebook evaluates no matter if the obligation of maximum sturdy religion (the cornerstone of coverage and takaful contracts) is successfully regulated and, in flip, saw through insurers (and takaful operators) and insureds alike in Malaysia. The adequacy of the assurance Act 1996 (Malaysia), the Takaful Act 1984 (Malaysia), the monetary prone Act 2013 (Malaysia) and the Islamic monetary providers Act 2013 (Malaysia) is evaluated, besides the helping infrastructure and oversight measures brought by means of the Malaysian govt. In doing so, The e-book examines the obligation of extreme stable religion from either a doctrinal and a social technological know-how viewpoint, so one can suggest compatible felony reform.

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