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Authors: Mazlynda Md. Yusuf, Sharifah Fairuz Syed Mohamad, Hishamuddin Abd Wahab

ISBN: 9789674408152

Publication Year: 2020

Price: RM 50.00

Pages: 128 pp.

This Concept of Hibah and Theory of Interest book introduces on the fundamental concepts of hibah and the application of interest rates used in the financial institutions.

These includes discussing on the different types of interest rate measurement, different types of annuities and methods for loan repayment.

The interest rates concepts and principles are explained and described through a broad range of real life examples used by the financial institutions.

This book covers some of the chapters from the syllabus for Professional Exam of Society of Actuaries (SOA) Paper FM and Institute of Actuaries (IFOA) Paper CM1.

It is hoped that this book will benefit the students especially Actuarial Science & Risk Management students as well as Financial Mathematics students.