Anas Syafaat

Insurance has several types of Sharia Gneral Insurance products as follows: 1) Sharia Property Assets Insurance Insurance that provides compensation to the Insured for damage or loss of insured property caused by fire, lightning strikes, explosions, falling aircraft, and smoke from the fire of the insured property. Property insurance includes fire insurance and extended collateral (earthquakes, storms, floods, typhoons, etc.) and also guarantees for losses as a result of business interruption caused by fires. Types of property insurance: • Indonesian Fire Insurance Standard Policy (PSAKI) • Indonesian Earthquake Standard Policy (PSGBI) • Property All Risks (PAR) or Industrial All Risks (IAR) 2) Sharia Engineering Insurance Engineering Insurance is a form of insurance that provides coverage for the risk of loss or damage to the insured object (usually related to construction; material; equipment or machinery) during the construction or installation of machinery against any risk of unexp...

Sharia Insurance is insurance based on sharia principles with help-to-help efforts (ta'awuni) and mutual protection (takafuli) among Participants through the formation of a pool of funds (Tabarru 'Fund) which is managed according to sharia principles to face certain risks. Here are some definitions in Islamic insurance as follows: A contract is a written agreement that contains certain agreements, including the rights and obligations of the parties in accordance with sharia principles. Akad Tabarru 'is a grant agreement in the form of granting funds from one Participant to the Tabarru Fund' for the purpose of help between the Participants, which is not for commercial purposes. Akad Wakalah bil Ujrah is a Tijarah Contract which authorizes the Company as a Participant's representative to manage the Tabarru 'Fund and / or Participant Investment Fund, according to the power or authority given, in return for a ujrah (fee). Mudharabah Agreement is a contract to provid...