Mufti Online — Madrasah Ta'leemuddeen

Is it Halal to pursue and work in insurance co, in Muslims countries?

Published as Insurance

· 22 Shawwal 1437 AH1 min readEnglish

Question

I want to pursue general insurance course and work in Muslim countries like Saudi Arab, Dubai, Oman, Kuwait. Is it Halal to pursue and work in insurance co, in Muslims countries? I don't pursue Life insurance because I know it is haraam. I want to know about general insurance because there is many insurance companies in Arab countries owned and operating by Arab Muslims. If it is haraam then how is it allowed in Arab countries?

Answer

The entire operation of insurance revolves around interest and gambling. Hence, one should not go into this.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/15483
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-15483

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