PRINSIP PEMIKIRAN ASURANSI ISLAM

Abstract

Both Syariah Life Insurance and Conventional Insurance basically have the same objective, that is, management or risk-solving. The basic difference between the two only lies on their management. The management of the conventional insurance risk is in the form of transfer risk of the customers to the insurance companies, whereas the Syariah Life Insurance aims at helping each other among the customers and bear the risk together (risk- sharing). Another difference lies on how to manage the components of the insurance product. In this respect, the Syariah Life Insurance embraces Syariah investment system and is free from ribawi, gharar dan maysir . The difference can also be seen from their contract system ( akad ) that is related to the management of the insurance funding as it is bound to the premium   and profit .