An assessment of health insurance system in Yobe state from Islamic perspective: a case study of Yschma
Joint Authors
Source
Attakamul Journal of Social and Sports Sciences Researches
Issue
Vol. 6, Issue 2 (31 Dec. 2022), pp.277-298, 22 p.
Publisher
Publication Date
2022-12-31
Country of Publication
Algeria
No. of Pages
22
Main Subjects
Topics
Abstract EN
The objective of this article is to analyze and assess the Yobe State Contributory Health Care Management Agency (YSCHMA) from Islamic perspective to ascertain its compatibility or incompatibility with the approved Islamic insurance or Takaful.
The study is based on both secondary and secondary data on Takaful, health insurance scheme and the YSCHMA.
YSCHMA was introduced in the year 2020 by the Yobe State Government as all-inclusive health care insurance.
The aim of the agency is to fast-track the achievement of Universal Health Coverage through effective pooling of resources and strategic purchasing of qualitative and affordable healthcare services.
The finding of the study indicates that a clear Islamic view point on this insurance agency is necessary to avoid indulging in prohibited transactions.
In modern-day conventional insurance, the insurance vendor (the insurance company) sells policies and invests the proceeds for the profit of its shareholders, who are not necessarily policyholders.
There is, therefore, a clear disjunction between policyholders and shareholders.
Payouts to policyholders may vary depending on financial performance, but a minimum positive return is always contractually guaranteed.
This seems to be weighing risk and burden of uncertainty upon some parties, while Sharia considers any transaction as a humane.
It should relieve parties from the burden of uncertainty and do away with perpetual win-lose affairs.
The paper evaluates and examines the compatibility of YSCHMA with Takaful.
The paper assesses the risk and uncertainties revolving around its shadow, its functions, types of Takaful and concluded by poring over the similarities and differences between the YSCHMA and Takaful.
The paper found out that YSCHMA can fall into family Takaful if some minor amendments can be made.
The paper adopts qualitative method in obtaining and analyzing the data.
American Psychological Association (APA)
Rabiu, Garba& Adam, Abba Idris. 2022. An assessment of health insurance system in Yobe state from Islamic perspective: a case study of Yschma. Attakamul Journal of Social and Sports Sciences Researches،Vol. 6, no. 2, pp.277-298.
https://search.emarefa.net/detail/BIM-1487685
Modern Language Association (MLA)
Rabiu, Garba& Adam, Abba Idris. An assessment of health insurance system in Yobe state from Islamic perspective: a case study of Yschma. Attakamul Journal of Social and Sports Sciences Researches Vol. 6, no. 2 (Dec. 2022), pp.277-298.
https://search.emarefa.net/detail/BIM-1487685
American Medical Association (AMA)
Rabiu, Garba& Adam, Abba Idris. An assessment of health insurance system in Yobe state from Islamic perspective: a case study of Yschma. Attakamul Journal of Social and Sports Sciences Researches. 2022. Vol. 6, no. 2, pp.277-298.
https://search.emarefa.net/detail/BIM-1487685
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references: p. 297-298
Record ID
BIM-1487685