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Friday 18 March 2011

National Syariah Council (DSN) MUI

Source: REPUBLIKA.CO.ID, JAKARTA

National Syariah Council (DSN) MUI will issue three new fatwa. Three new fatwa is related to fund management tabarru in Islamic insurance, the use of financial resources as a means for product qard, and shares the rules of sharia. According to members of the DSN MUI, Agustianto, to fund tabarru, DSN MUI eventually legalize tabarru refunds to customers who drop their insurance contracts in the middle of the road.

Here's the plan fatwas DSN:

1. Management of Insurance Funds in Syariah tabarru;
- DSN legalize tabarru refunds to customers who drop their insurance contracts in the middle of the road and could be returned.
- Aiming for Islamic insurance more competitive.
- Can be done conventionally.

2. Use of Fund Resources Qard as the Tool for Product;
- Allowing third party funds (TPF) is used to qard funding sources as a means of production.
- Completion of Fatwa No. 19 DSN​​.

3. Main rules Syariah Shares;
- DSN will endorse the fatwa, or securities trading mechanism
such rule of sharia and the stock buying and selling shares in the capital market.
- Aiming for the capital markets not be speculative and unproductive.

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