Insurance Journal (4th Quarter 2018)

Guest Contribution
Blessings for Traders:
التاجر الصدوق الامین مع النبیین والصدیقین
والشھداء۔(ترمذی‎٩٢٢‎‏)‏
The truthful, trustworthy merchant
is with the Prophets, the truthful,
۔martyrs and the
Blessings for Employment:
ً
ان اللہ یحب ان یری عبده تعبا فی طلب الحلال۔
‏(کنز العمال)‏
Allah SWT likes to see his slave
tired for seeking Halal.
Whatever the filed/financial
transaction a person chooses for
fulfilling the financial needs of his
belongings and family, could be the
source of receiving Allah's blessings
not only here but also in the life
would be hereafter.
The only requirement for the
entitlement of getting Allah's
blessings by using the channel of
financial transactions is remove the
non-sharia elements found in that
adopted financial transactions. It
would lead to the shariah compliant
deals would be source of earning
Halal.
How does Takaful business worship
of Allah SWT?
As mentioned above that intentions
a n d c o n f o r m i t y o f f i n a n c i a l
transactions with the Shariah laws
and regulations can make the deeds
(fiscal transactions) acceptable
towards Allah which would be source
of getting the happiness of Allah SWT
(Purpose of creation).
There is no doubt that Takaful
business (Trade) which has been
introduced as an alternative of
c o n v e n t i o n a l i n s u r a n c e a n d
departments working under the
umbrella of Takaful business such as
sale of Takaful, finance, Accounts,
H R , c o m p l i a n c e a n d e t c
(employment) are all of financial
transactions. Therefore, it is sharia
requirement that all of the functions
and operations should have to be
purified from all of the non-sharia
elements such as Riba, uncertainty,
gambling, telling a lie, bribery and
others non-conformities with Sharia
in order to achieve the set goals for
which Takaful (Islamic insurance)
was introduced.
As it is known very well that Takaful
is purified form of conventional
insurance in which three main non
sharia elements (Interest, gambling
a n d u n c e r t a i n t y ) f o u n d i n
conventional side of insurance have
been removed in order to Islamize the
conventional insurance which would
be called sharia compliant insurance.
So, Takaful business is a source of
earning halal for the management as
well as for the employees working
therein. Efforts for earning halal is
also worship of Allah SWT that is
why The Holy Prophet SAW
described the blessings from Allah
SWT for traders and workers as
mentioned above.
I would like to also mention here that
Takaful management and employees
working therein should thanks to
Allah SWT that they all are blessed
with a source for earning halal.
Because Allah SWT said in Quran;
لئن شکرتم لازیدنکم
(Surah: Ibrahim, Verse :07)
If you express gratitude, I shall
certainly give you more.
Insurance Journal October, November, December 2018
17
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