Darul Iftaa Mahmudiyyah

I work in an insurance company, please let me know if it is haram?

· 24 Jumada I 1432 AH1 min readFatwa 19225English

Question

I work in an insurance company, please let me know if it is haram?

Answer

Assalāmu `alaikum Warahmatullāhi Wabrakatuh,

Conventional insurance schemes are prohibited as they have interest, gambling and uncertainty (gharar) in them, all of which are prohibited. Working for an insurance scheme will therefore fall in the category of assisting in sin. Allah Taala says:

And do not assist in sin

(Qur’an 5:2)

Furthermore, the salary for services rendered to an insurance scheme will not be halaal as the payment will be from a haram source.

And Allah Ta'āla Knows Best,

Muftī Ebrahim Desai

Daruliftaa

35 Candella Rd, Durban, South Africa

www.daruliftaa.net

References (Arabic / Urdu sources)

وَلَا تَعَاوَنُوا عَلَى الْإِثْمِ

Answered by
Muftī Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/19225
Fatawa SA: https://fatawa.co.za/fatwa/askimam-19225

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