Jurnal Ilmiah Ekonomi Islam
Vol 7, No 3 (2021): JIEI : Vol. 7, No. 3, 2021

Hybrid Contract in Sharia Insurance Practices in Indonesia

Noor Kholifah Hidayati (Diponegoro University)
Ro'fah Setyowati (Diponegoro University)
Maulidia Mulyani (State Islamic University Sunan Kalijaga)



Article Info

Publish Date
02 Nov 2021

Abstract

The hybrid contract is a combination of several contracts. It exists due to the increasingly complex demands of human needs in contemporary times. However, its validity according to the Shari'a is still in doubt caused by a hadith of the Prophet that forbids the practice of two (or more) contracts if they are carried out in one transaction. In Indonesia, the hybrid contract is practiced in various transactions, one of which is the practice of sharia insurance. This causes the validity of the practice of sharia insurance to be questioned again. So the purpose of this research is to answer the problem: What is meant by hybrid contract and insurance? How is the hybrid contract mechanism in sharia insurance in Indonesia? How is the hybrid contract law in sharia insurance in Indonesia according to the 5 limits of the Al-Imrani contract?. This study uses a qualitative method with a deductive-inductive model. This library research includes analytical descriptive. The results of this study indicate that hybrid contracts in sharia insurance in Indonesia do not violate the hybrid contract restrictions that are prohibited by sharia according to Al-Imrani. So that the practice is legal by Sharia and the fatwa of DSN-MUI.

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Journal Info

Abbrev

jei

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal Ilmiah Ekonomi Islam diterbitkan 3 (tiga) kali setahun (Maret, Juli dan November) oleh Lembaga Penelitian dan Pengabdian Kepada Masyarakat STIE AAS ...