Month: November 2022

INSPIRASI PRU15..

Cuba kita sama-sama hayati lirik lagi ini .. lagu yg kami nyanyikan semasa belajar di ITM ..

Anak kecil main api
Terbakar hatinya yang sepi
Air mata darah bercampur keringat
Bumi dipijak milik orang
Nenek moyang kaya-raya
Tergadai seluruh harta benda
Akibat sengketa sesamalah kita
Cinta lenyap di arus zaman
Indahnya bumi kita ini
Warisan berkurun lamanya
Hasil mengalir ke tangan yang lain
Peribumi merintih sendiri
Masa depan sungguh kelam
Kan lenyap peristiwa semalam
Tertutuplah hati terkunci mati
Maruah peribadi dah hilang
Kini kita cuma tinggal kuasa
Yang akan menentukan bangsa
Bersatulah hati bersama berbakti
Pulih kembali harga diri
Kita sudah tiada masa
Majulah dengan maha perkasa
Janganlah terlalai teruskan usaha
Melayu kan gagah di nusantara
Melayu kan gagah di nusantara
Melayu kan gagah di nusantara
Wahai anak2 dan bangsa ku .. Kini kuasa pun dah tak ada .. Ayuh Ayuh ..
“Kejayaan yang sebenar ialah kita berjaya bangkit dari kegagalan”

 

TAKAFUL = INSURANCE???

Some people argue, Takaful is based on Tabarru’ (donation) concept, then why the contribution amount is determined by the Takaful Operators? Why only some people get the benefit? Why some illness is not covered? It should be open la kan – for everybody, and up to them la how much they want to contribute.
Yes, it is based on Tabarru’. Tabarru’ fund is divided into two types – general and specific. For a general Tabarru’ fund, it is up to the donor how much they want to contribute. The donee is also open to all. E.g. tabung masjid.
Takaful, on the other hand, is a Specific Tabarru’. It is a defined fund, for defined participants, based on defined contribution, covering defined risks, for a defined period, using a defined Takaful model.
Defined participants – only those who are accepted as participants will be receiving the benefits of Takaful fund.
Defined contribution – contribution amount is determined by the risk characterics and risk level of the participants. E.g. a 35 years old male who is smoking is classified as having a higher risk than the same age male who is not smoking.
Defined risks – only specific risks mentioned clearly in the contract are covered by the fund. One example of risks which is not covered is pandemic.
Defined period – the fund only cover certain period of time, which is agreed upfront. That period determines the amount of contribution as well. The longer period of coverage, definitely participants are required to contribute more.
Defined Takaful Model – the fund need to be managed properly to ensure effectiveness and efficiency. Thus the professional manager need to be compensated. The model of Takaful determines how the compensation will be given to the Takaful Operator. E.g. Wakalah contract allows the Takaful Operator to charge the Wakalah fee upfront. This fee is for the Takaful Operator to pay its operating costs – which include the salary of the staff, the commission to agents and financial adviser, IT costs etc etc.
From Shariah point of view, the operational aspect of Takaful, even though some are just similar to the practise of insurance, has no issue which is contradict to Shariah. E.g. the underwriting process, the claim process.
Those practices are to ensure fairness for all the contracting parties, and to ensure effectiveness and efficiency of the management of the fund – which is in line with the objectives of Shariah
Hopefully the above explanation help clarifies the misunderstanding about Takaful.
This is among the knowledge participants learn from the second day of Module 3 our Certificate of Shariah for Takaful Practitioners (CSTP)
The trainer is Dr Haji Wan Zamri Wan Ismail, a former
CEO of various Takaful and Retakaful operators, with more than 35 years in industry, locally and globally.

Kredit:Zarinah MY