Hi all readers! Are you looking for an explanation of the fatwa on health insurance in Islam? If your answer is “Yes”, congratulations! Now you are reading the right article. Why? Because that’s what I’m going to explain in this article. As a Muslim, you have to understand that. That’s why I wrote this article. So, you should read it to the end!
Specifically, there are some important points about the fatwa on health insurance in Islam which I will explain in this article. The some important things I mean are as follows:
Health Insurance in Islam: Basic Things You Must Understand
The important thing about the fatwa on health insurance in Islam which I will explain now is health insurance in Islam: basic things you must understand. I want you to understand that first before you read more explanations in this article because that is one of the basic things in this discussion that must be well understood.
Health insurance is one type of insurance that is used to protect against the impact of financial losses or loss of income of a person or family due to a sick family member.
In simple terms, health insurance is a type of insurance that aims to cover a person or family against unexpected financial losses due to illness of the policyholder.
In Islam, according to some experts in Islamic law, health insurance funds must be managed according to Islamic rules.
The main difference between health insurance in Islam and conventional health insurance lies in the basic concepts and ways of managing funds in accordance with Islamic principles. Health insurance in Islam is insurance based on the principle of mutual help and protection among participants through contributions to the Tabarru Fund, which is a collection of benevolent funds from the contributions of shariah health insurance participants who agree to help each other if there is a risk between them. These funds are then managed according to sharia principles and under the supervision of a sharia board to deal with certain risks.
If there is a risk to the participant, insurance will be paid from the Tabarru Fund. This concept is also known as risk sharing. In conventional health insurance, customers pay a premium for the protection they buy from the insurance company. If there is a risk to the customer, the health insurance company will provide a number of insurance benefits. This concept is also known as risk transferring.
There are some basic differences between Islamic health insurance or sharia health insurance and conventional health insurance in terms of contracts, ownership of funds, surplus underwriting, investment management and insurance supervision. In sharia health insurance, there are several types of transactions that must be avoided, namely gharar or uncertainty, usury or additions and maysir or gambling. So, customer funds in sharia health insurance, especially unit link, will not be invested in things that are contrary to Islam, for example financial and banking products with the concept of usury, cigarettes, and liquor.
Sharia health insurance is a health insurance product according to Islamic principles.
That’s a brief explanation of health insurance in Islam: basic things you must understand. As Muslims, we must understand that.
Health Insurance in Islam: Halal or Haram?
The important thing about the fatwa on health insurance in Islam which I will explain now is health insurance in Islam: halal or haram? I want you to understand that because it is one of the important questions about “health insurance” that some Muslims don’t understand very well.
If we understand some of the previous explanations, we can conclude that health insurance in Islam is halal insurance. The reason is because health insurance funds in Islam are managed according to Islamic rules.
There are several specific reasons why health insurance in Islam is halal insurance:
One: there is an element of protection in health insurance in Islam.
Two: there is an element of mutual assistance in health insurance in Islam.
Three: there is an element of goodness in health insurance in Islam.
Four: there is an element of sharing risks and benefits in health insurance in Islam.
Five: health insurance is part of muamalah.
That’s a brief explanation of health insurance in Islam: halal or haram?. As Muslims, we must understand that.