Q: Can one take out insurance with the company called Takafol South Africa (Pty) Ltd?
A: Takafol South Africa is certified and overseen by senior Muftis and local Ulema. So to take out Islamic insurance with Takafol will be permitted.
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Related Q&A
- Can you please tell me if the insurance schemes on the website below (particularly the travel insurance) are legitimately shariah compliant.
- Is Insurance in Saudi Arabia according to Islamic Laws?
- Is Takaful insurance halaal according to Islamic shariah?
- I realise life insurance is not permissible. However I had taken one out many years ago. What are the Zakaat implications of this policy?
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Takafol Insurance
This answer was collected from AskMufti.co.za, which is operated under the supervision of Mufti Siraj Desai of Darul-Uloom Abubakr, South Africa.
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insuranceRelated Q&A
- Can you please tell me if the insurance schemes on the website below (particularly the travel insurance) are legitimately shariah compliant.
- Is Insurance in Saudi Arabia according to Islamic Laws?
- Is Takaful insurance halaal according to Islamic shariah?
- I realise life insurance is not permissible. However I had taken one out many years ago. What are the Zakaat implications of this policy?
- Should we as Muslims still keep minimum insurance, i.e. third party car insurance
- Please advise as to the status of Takafol in South Africa. Refer to www.takafol.co.za Is this totally halaal?
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