Is Travel Insurance Haram in Islam? Read This!

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Hi all readers! Are you looking for an explanation about “is travel insurance haram in Islam?”? If your answer is “Yes”, congratulations! Now you are reading the right article. Why? Because that is what I will explain in this article. As Muslims, we must understand that. That’s why I wrote this article. So, you should read it to the end!

Specifically, there are four important points about “is travel insurance haram in Islam?” which I will explain in this article. The four important things I mean are as follows:

  1. Meaning of Travel Insurance in Islam.
  2. Principles of Travel Insurance in Islam.
  3. Is Travel Insurance Haram in Islam?
  4. Misunderstanding About Travel Insurance in Islam.

Meaning of Travel Insurance in Islam

The first important thing about “is travel insurance haram in Islam?” what I will explain now is the meaning of travel insurance in Islam. I want you to understand that first before you read more explanations in this article because that is one of the important things in this discussion that must be understood well.

In general, travel insurance in Islam is one type of insurance in Islam that provides protection against all risks that may occur when a person travels

Travel insurance is insurance that provides protection against all risks that may occur when a person travels, both domestically and abroad. This insurance is prioritized for people who have high mobility, such as traveling out of town to abroad. The ownership of this protection serves to reduce the financial impact of the risk of loss that may occur during the trip.

There is a difference between travel insurance in Islam and conventional travel insurance. The difference I mean is the basic concept and way of managing funds. The basic concepts of travel insurance in Islam and the management of travel insurance funds in Islam are in accordance with Islamic principles. So, Islamic principles or Islamic rules become the main standard of travel insurance in Islam.

Other differences between Islamic travel insurance and conventional travel insurance are contracts, ownership of funds, surplus underwriting, investment management and insurance supervision. In travel insurance in Islam, there are several types of transactions that should not be done. The types of transactions that I mean are gharar or uncertainty, usury or additions and maysir or gambling. So, customer funds on travel insurance in Islam, especially unit links, will not be invested in things that are contrary to Islam.

That is a brief explanation of the meaning of travel insurance in Islam. As Muslims, we must understand that.

Principles of Travel Insurance in Islam

The second important point about “is travel insurance haram in Islam?” what I will explain now is the principles of travel insurance in Islam. I want you to understand all of that because it is one of the important discussions about travel insurance in Islam that some Muslims don’t understand very well.

In general, if we read some Islamic literacy about travel insurance in Islam, we will get an explanation that the main principle of travel insurance in Islam is Islam. The point is that all activities carried out, such as the management of travel insurance funds, must be in accordance with Islamic principles.

Specifically, the principles of travel insurance in Islam are as follows:

1. The principle of tauhid in travel insurance in Islam.

The first principle of travel insurance in Islam is tauhid. The point is that travel insurance in Islam is not only aimed at obtaining financial benefits, but also other benefits according to Islamic teachings.

2. The principle of justice in travel insurance in Islam.

The second principle of travel insurance in Islam is justice. The point is that the management of travel insurance funds in Islam is carried out fairly, not benefiting one party and harming the other party.

3. The principle of mutual assistance in travel insurance in Islam.

The third principle of travel insurance in Islam is mutual assistance. The point is that the purpose of travel insurance in Islam is mutual help.

4. The principle of cooperation in travel insurance in Islam.

The fourth principle of travel insurance in Islam is cooperation. The point is that each party must carry out their respective obligations according to the agreement. So, there is no party that does not fulfill its obligations.

5. The principle of trust in travel insurance in Islam.

The fifth principle of travel insurance in Islam is trust. The point is that each party trusts the other party to carry out their respective obligations. For example, insurance owners trust insurance companies to manage travel insurance funds according to Islamic principles.

6. The principle of voluntary in travel insurance in Islam.

The sixth principle of travel insurance in Islam is voluntary. The point is that neither party compels the other party. So, the owner of the travel insurance may not force the travel insurance company, and the insurance company may not force the owner of the insurance. Everything must be on a voluntary basis.

7. The principle of managing travel insurance funds according to Islamic rules.

The seventh principle of travel insurance in Islam is to manage travel insurance funds according to Islamic rules. All funds must be managed in the right way something Islamic teachings.

That is a brief explanation of “the principles of travel insurance in Islam”. As Muslims, we must understand that.

Is Travel Insurance Haram in Islam?

The third important point about “is travel insurance haram in Islam?” what I’m going to explain now is a specific answer. I want you to understand that well because that is the main discussion in this article.

In the previous few paragraphs, I have explained that travel insurance in Islam is travel insurance whose funds are managed according to Islamic principles. What this means is that if all travel insurance funds in Islam are managed according to Islamic principles, the result is halal.

In addition, I have also explained that the main principle of travel insurance in Islam is Islam. This means that all matters relating to insurance can be justified if they are managed and carried out according to Islamic rules.

So, if you ask me, “is travel insurance haram in Islam?”, the answer is that travel insurance in Islam is halal. So, Muslims do not need to hesitate if they want to have travel insurance.

That’s a brief explanation of “is travel insurance haram in Islam?”. As Muslims, we must understand that.

Read Also:

Concept of Takaful (Islamic Insurance)

Misunderstanding About Travel Insurance in Islam

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Founder, Author, Indonesian Blogger, Muslim, Graduate of Al-Azhar University, Cairo, Egypt.

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