ASURANSI DAN PENGGADAIAN DALAM PERSPEKTIF ISLAM

Abstract

The question of insurance is a major concern of
contemporary Islamic jurisprudence. Insurance is an
important part of the modern business environment.
Many scholars criticize the system of conventional
insurance as exploitative and unjust. They point out that
paying money for something, with no guarantee of
benefit, involves high ambiguity and risk. One pays into
the program, but may or may not need to receive
compensation from the program, which could be
considered a form of gambling. The insured always seems
to lose while the insurance companies get richer and
charge higher premiums. On the other hand, there are
scholars who argue that the insurance contract contains a
great deal of gharar that makes the contract invalid. These
argue that this gharar shall be forsaken if we change the
structure of the insurance contract in question, making it
a cooperative that receives premiums as donations. Based
on this argument, Islamic insurance companies are
founded. The purpose of this article is to discuss further
about this issue.