Enhancing Mutual Assistance: An Analysis of Sharia Insurance Fund Separation in Comparison to Conventional Insurance
DOI:
https://doi.org/10.54045/jeksyah.v3i02.878Keywords:
Sharia Insurance, Ujrah Funds, TabarruAbstract
Separation of funds in sharia insurance adheres to the main principle of mutual assistance (ta'awun), which means that each participant must have the intention to help each other. The application of the concept of separation of sharia insurance funds emphasizes the position of tabarru funds which may only be used for the needs of policyholders (ta'awun), while funds originating from the shareholder component (ujrah) can be used for the needs of insurance companies. This study aims to determine the concept of Islamic insurance in the separation of funds which is an advantage compared to conventional insurance. A qualitative method was chosen in this research, which used sharia insurance companies in Indonesia as the research object. Research findings state that the separation of sharia insurance funds is divided into tabaru (mutual assistance) funds and ujrah funds which is in accordance with the concept of fund theory. Efforts to invest higher levels have been made by the company, but the low investment returns mean that the profit sharing between participants and the company is lower, while investment losses will still be borne by the participants. Besides that, low claims on sharia insurance mean that companies do not need to use their reserve funds to cover the high level of tabarru fund claims.
References
Amalia Fadilah, M. (2019). Pengelolaan Dana Tabarru pada Asuransi Syariah dan Relasinya dengan Fatwa Dewan Syariah Nasional. Jurnal Hukum Ekonomi Syariah, 2(1).
Arofah, S. U. (2018). Determinan Proporsi Dana Tabarru pada Perusahaan Asuransi Jiwa Syariah dan Unit Syariah Perusahaan Asuransi Jiwa di Indonesia. Universitas Jember.
Harahap, S. S. (2008). Kerangka Teori dan Tujuan Akuntansi Syariah. Pustaka Quantum.
Indiastuti, I. (2020). Review Literatur Studi Potensi Pengolahan Daun Mengkudu (Morinda Citrifolia) dengan Berbagai Metode Pengolahan sebagai Zat Antibakterial. Poltekkes Kemenkes Yogyakarta.
Kam, V. (1990). Accounting Theory (Second Edi). John Wiley & Sons, Inc.
Kartiko, A. (2019). Konsep Bagi Hasil dalam Perspektif Islam. Interdisciplinary Journal of Sharia Economics (IIJSE), 2(1), 1–19.
Kementerian Keuangan. (2019). Metode Penelitian Kualitatif. Kemenkeu.
Mahmuda, I., & Azizah, U. K. (2019). Studi Komparasi Asuransi Syariah dengan Asuransi Konvensional. Al Yasni, 4(1).
Myers, M. . (2009). Qualitatif Research in Bussiness & Management. Sage Publication.
Nabila Ilmalina Faza, M. G. (2019). Kontribusi Industri Keuangan Non-Bank (IKNB) Konvensional dan Syariah terhadap Perekonomian Indonesia. At-Tijaroh : Jurnal Ilmu Manajemen Dan Bisnis Islam, 5(2).
Prajasari, A. C. (2021). Should The Government Provide Unemployment Insurance To The Poor And Low-Income In Islamic Economics Perspective? IJEBAR, 1(1).
Prudential Syariah. (2020). Kontribusi dalam Asuransi Jiwa Syariah: Apa yang Harus Diperhatikan? Prudential Syariah.
Purnomo, A. (2017). Analisis Pembayaran Premi dalam Asuransi Syariah. Al-Uqud: Journal of Islamic Economics, 1(1).
Puspitasari, N. (2012). Model Proporsi Tabarru’ dan Ujrah pada Bisnis Asuransi Umum Syariah di Indonesia. Jurnal Akuntansi Dan Keuangan Indonesia, 9(1).
Ridlwan, A. A. (2016). Asuransi Perspektif Hukum Islam. Adzkiya: Jurnal Hukum Dan Ekonomi Syariah, 4(1).
Rolianah, W. S. (2020). Analisis Tabarru dan Kalim Peserta pada Asuransi Syariah di Indonesia. Indonesian Interdisciplinary Journal of Sharia Economics (IIJSE), 2(2), 103–113.
Sumanto, A. e. (2009). Solusi Berasuransi : Lebih Indah dengan Syariah. PT. Karya Kita.
Syariah, K. N. (2020). Optimisme Asuransi Syariah capai Pertumbuhan Produktif 2020. INSIGHT Buletin Ekonomi Syariah.
Tesha Apriliyani, E. M. (2020). Determinan Proporsi Dana Tabarru Perusahaan Asuransi Jiwa Syariah di Indonesia. Iqtishaduna, 11(1).
