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

Answered as per Hanafi Fiqh by Askimam.org
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.

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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