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In 2013, the Islamic Financial Services Act 2013 (IFSA 2013) had repealed and replaced the Takaful Act 1984. Please explain in step by step the

In 2013, the Islamic Financial Services Act 2013 (IFSA 2013) had repealed and replaced the Takaful Act 1984.

Please explain in step by step the changes and distinctive features of IFSA 2013.

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