Insurance Sharia

Understanding what the operational definition of insurance and takaful sharia become mandatory for everyone. Lack of knowledge or explanation of insurance makes one feel free to insure himself. The general public will usually minimal insurance knowledge. Especially when the insurance has been juxtaposed with the name of sharia, certainly more terms you need to know. Not only for personal interests and family, in fact insured is also very important to run the business in order to cope with the risk of loss of their business assets.

Takaful insurance sharia In accordance with the statement of the DSN or national Islamic council, the Takaful has a definition as efforts to protect each other and mutual help among a number of persons or parties through investment in assets or tabarru 'which gives the pattern returns to face certain risks through appropriate contract sharia. Basically, the Takaful and conventional insurance has the same goal but the Takaful has several advantages, which is better when compared to conventional insurance.

Because, in the conventional insurance apply to the purchase contract while using the Islamic insurance takaful contract. Where, takaful contract means of helping the client to one another customer when in trouble. Then, through the Takaful fund management believed to be protected from the elements of Islamic law prohibited such as riba, gharar, or gambling (gambling) to other immoral things that smell. Thus the Islamic insurance company holds a mandate to invest customer funds to businesses according to Islamic principles.

In accordance with mudharabah namely cooperation agreement in which participants provide 100% capital and managed by the insurance company determines the production sharing contracts. In addition, Islamic insurance also does not recognize forfeited funds like in conventional insurance. Islamic insurance participants can get money back even though not yet matured. Because the concept wadiah or deposit, refunded on account of insurance participants who had separated from tabarru account '. Some of the advantages of Islamic insurance already described above will allow you to get insurance without a loss so this can be considered as a future savings.