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In Indonesia, state-owned enterprises (Indonesian: Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth , providing goods or services which are not covered by private company , employment provider, providing support guidance to small and medium businesses ...
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
In September of 2018, Etiqa International Holdings acquired a majority stake of 75% in PT Asuransi Asoka Mas, an Indonesian-based general insurance company. [10] EIHSB acquired 750 million shares for approximately RM 64.92 million from PT Transpacific Mutualcapita which kept the remaining 25% stake in Asuransi Asoka.
In January 2014, the Indonesian government launched a universal health care system called the Jaminan Kesehatan Nasional (JKN, "National Health Insurance"). Covering around 250 million people, it is the world's most extensive insurance system. [2]
Self insurance is a risk management method in which an organization that is liable for some risk does not take out any third-party insurance, but rather chooses to bear the risk itself.
Bank Simpanan Nasional (English: National Savings Bank) (BSN) is a government owned bank based in Malaysia. BSN offers banking services via BSN branches and BSN Banking Agents (EB BSN). BSN was incorporated on 1 February 1990 under the Minister of Finance at that time, Tengku Razaleigh Hamzah.
Indonesian Ulema Council (Indonesian: Majelis Ulama Indonesia, Arabic: مجلس العلماء الإندونيسي, abbreviated MUI) is Indonesia's top Islamic scholars' body.
Perikatan Nasional was formed early in the 2020 Malaysian political crisis with the intention to replace the Pakatan Harapan (PH) government. The 16th Yang di-Pertuan Agong , Abdullah of Pahang , appointed Muhyiddin Yassin , then the de facto leader of PN, as the 8th Prime Minister of Malaysia , bringing the informal political coalition into ...