Home » Hanafi Fiqh » Muftionline.co.za » Taking out life policy to pay for estate duty
Q: I have taken out life cover to pay for estate duty and capital gains tax in my estate when I pass. I have been advised if the intention is to safeguard my wealth and my family from hardship this is permissible. please advise.
A: It is not permissible.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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