Islamic Education Insurance to Prevent School Dropout from the Perspective of Maqasid al-Shariah: A Case Study at PT Takaful Keluarga Medan

Abstract

Education is a fundamental right of every child and, ideally, should be fulfilled without being hindered by the family's economic condition. However, in reality, many children are forced to drop out of school due to financial instability, especially when unexpected events occur, such as the death or permanent disability of the family’s breadwinner. This study aims to examine the contribution of Islamic education insurance in preventing school dropouts through the perspective of the objectives of Islamic law (maqasid sharia), and to analyze its implementation in the Fulnadi product offered by PT Asuransi Takaful Keluarga. The research uses a qualitative method with a case study approach, utilizing interviews, observation, and document analysis as the primary data collection techniques. The findings reveal that Islamic education insurance, based on mutual assistance (tabarru') and agency contracts (wakalah), ensures the continuity of children's education despite financial risks faced by the family. In the perspective of maqasid sharia, this insurance supports the protection of intellect, wealth, and progeny by providing long-term financial security.