IslamQA

Insurance

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: 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?

Bismillaah

A: 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)

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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