Implementasi Akad Wakalah Bil Ujrah Pada Asuransi Jiwa Syariah

Authors

  • Warsidi Universitas Muhammadiyah Surabaya
  • Isma Swadjaja Universitas Muhammadiyah Surabaya
  • Sami Ullah Khan University of Sargodha. Punjab Pakistan

DOI:

https://doi.org/10.30651/jms.v11i3.31607

Abstract

Abstract

This study analyzes the implementation of the wakalah bil ujrah contract in Islamic life insurance products, focusing on the conformity of participant fund management with DSN-MUI Fatwa No. 52/DSN-MUI/III/2006. It applies a descriptive qualitative approach through a normative-empirical review of fatwas, insurance regulations, recent literature, and product documents such as sharia insurance application forms, policy summaries, policy provisions, benefit illustrations, and product information summaries. The findings indicate that wakalah bil ujrah positions participants as principals and the insurance company as an agent entitled to a fee for managing tabarru' funds and/or investment funds within agreed authority. Substantively, the practice can be considered sharia-compliant when it ensures clarity of contracting parties, delegated objects, amount and mechanism of ujrah, separation of participant and company funds, and avoidance of riba, gharar, and maisir. Nevertheless, fee transparency, participant literacy, and simplification of policy information remain critical areas to strengthen consumer protection and sharia compliance.

Author Biographies

Warsidi, Universitas Muhammadiyah Surabaya

ORCID ID : https://orcid.org/my-orcid?orcid=0000-0003-0387-4208

google scholar ID : https://scholar.google.com/citations?hl=id&user=_1qsuOEAAAAJ

SINTA ID : https://sinta.kemdikbud.go.id/authors/profile/6703993

Isma Swadjaja, Universitas Muhammadiyah Surabaya

https://scholar.google.com/citations?user=B3H3hicAAAAJ&hl=en

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Published

2026-07-19

How to Cite

Warsidi, Swadjaja, I., & Ullah Khan, S. (2026). Implementasi Akad Wakalah Bil Ujrah Pada Asuransi Jiwa Syariah. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 11(3). https://doi.org/10.30651/jms.v11i3.31607

Issue

Vol. 11 No. 3 (2026)

Section

Artikel

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