Menyoal Asuransi Konvensional versus Asuransi Syariah

Thohari, Fuad

doi:10.15408/aiq.v3i2.2136

Cited by 1 publication

(2 citation statements)

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“…Insurance has four main elements in its implementation: 1) the insured, someone who promises to pay the premium to the insurer either done all at once or gradually, 2) the insurer, namely the party who promises to pay compensation to the insured, 3) the event (accident), which is an uncertain event that can bring losses, 4) interest, which is possible to suffer losses due to an un-certain event. The uncertainty of an event is divided into several categories, namely economic uncertainty, the uncertainty of nature, and the uncertainty of human behavior (Thohari, 2011). Insurance's purpose is not to prevent loss or equity but to reduce the uncertainty of possible losses.…”

Section: Exploring Insurance Principles A) Insurance As Social Securitymentioning

confidence: 99%

“…Insurance's purpose is not to prevent loss or equity but to reduce the uncertainty of possible losses. Insurance can provide certainty to each member by leveling the cost of losses (Thohari, 2011 has been stated in the legislation above, is an organization that accepts the transfer of risk and collects funds from its members to pay for the losses suffered by each member. Because of not all members are not sure to experience losses, members who have never experienced such losses are contributors (Thohari, 2011).…”

Section: Exploring Insurance Principles A) Insurance As Social Securitymentioning

confidence: 99%

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Optimizing Sharia Insurance in Building Halal Value Chain

Dzukroni

Afandi

2023

MALIA

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<em>The phenomenon of the halal lifestyle demands modern society to fulfill sharia principles in almost all aspects of life. In order to improve the quality of halal integrity to reach the global market potential of US$ 2.3 trillion, a system is built that can accommodate halal products. In the end, a halal value chain was formed that could integrate various companies and industries to work hand in hand to build a halal ecosystem. One aspect that cannot be abandoned in the development of the halal ecosystem is the financial sector in which transactions and financial mobilization occur. Of course, the system used is Islamic finance, in accordance with the principles of the halal value chain. One of the Islamic finance sectors is sharia insurance. In general, insurance is used as a guarantee if one day there is a loss to the related party. The halal industry certainly does not guarantee the avoidance of business actors from losses. From this, it can be understood that Islamic insurance plays a vital role in developing the halal value chain. Therefore, further research is needed regarding the identification of the role of Islamic insurance in optimizing the halal value chain. This research using qualitative methods and library research aims to analyze the role of sharia insurance in developing the halal value chain. The results found that almost all halal value chain clusters such as food and beverage clusters, halal tourism, fashion, cosmetics, and recreational media require sharia insurance to develop the halal value chain. This is because sharia insurance can guarantee the continuity of sharia-based businesses if there is an unthinkable loss one day. The government needs to pay more attention to implementing the Islamic financial system, one of which is sharia insurance, if it wants to create a halal ecosystem in Indonesia.</em>

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Section: Exploring Insurance Principles A) Insurance As Social Securitymentioning

confidence: 99%

Section: Exploring Insurance Principles A) Insurance As Social Securitymentioning

confidence: 99%