Assalamalaikum…. My name is sania, sir will u please tel me about making insurance policies is legal in islam or not, and if it is legal then will u please tel me only those policies which are legalised by Islam, waiting for ur reply…. Thank u…….
Answer:
(Fatwa: 1218/913/L=1431)
Most of the insurance policies either include interest and gambling or only gambling. That is why availing insurance policy is unlawful.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband