Think about this

3. History of insurance
• From Italy & Andalus
• Conventional Insurance
• Capitalist
Insurance??

4. Haram
• Interest (‫سود‬)
• Gambling (‫قمار‬)
• Uncertainty (‫ر‬‫غر‬)
Shari Hukam??

5. Haram
• Interest (‫سود‬)
• Hope of more amount
• Direct and indirect interest
1. Commutative Contract
2. Interest business
Shari Hukam??

6. Haram
• Gambling (‫قمار‬)
1. The activity or practice of playing at
a game of chance for money.
2. The act or practice of risking the loss
of something important by taking a
chance or acting recklessly.
Shari Hukam??

7. Haram
•Uncertainty (‫ر‬‫غر‬)
Something that is uncertain or that
causes one to feel uncertain.
Shari Hukam??

8. Two points:
1. Concept of insurance
2. Practice of insurance
Takaful??

9. Two points:
1. Concept of insurance
 Mutual co operation
 Future plan
Takaful??

10. Two points:
2.Practice of insurance
• Interest (‫سود‬)
• Gambling (‫قمار‬)
• Uncertainty (‫ر‬‫غر‬)
Takaful??

11.  End of Commutative Contract
 Pool of Charity
 Donation Program
 There are three partner:
1. Takaful Company
(ameen,montazim)
2. Policy Holder
3. Common pool
Takaful??

12. Company model:
1. Waqaf pool
2. Share holder are founder
3. Members funds
4. Takaful operate is Motawali
5. Funds not for use
6. Takaful funds divided into
two :01-madrba account
02-Takaful account
Takaful??

13. Insurance Takaful
 Two parties Three parties
 One contract Many contracts
 Funds belong to Funds belong to
company pool
 Responsible for no responsible
cover risk
 Surplus belong to Surplus for pol
company
Takaful??