Darul Iftaa Mahmudiyyah

As salaam alaikum wa rehmatullahi wa barakatahu, Is Life insurance Haraam or Halal ? Please replt Jazak allah khair

· 21 Shawwal 1422 AH1 min readFatwa 4605English

Question

The question text was not published separately; the title stands in for it.

As salaam alaikum wa rehmatullahi wa barakatahu, Is Life insurance Haraam or Halal ? Please replt Jazak allah khair

Answer

All conventional life insurance policies are Haraam. They have elements of gambling and interest in them.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai
FATWA DEPT.

Answered by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/4605
Fatawa SA: https://fatawa.co.za/fatwa/askimam-4605

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