Q: I would like to know if I get a job as a financial advisor which involves the selling of life cover, non-shariah compliant investments, etc. Would the money earned from this occupation be halaal or haraam?
A: Insurance is haraam as it contains the elements of gambling and interest in it. Working for such a company is impermissible as one will be involved in haraam. Hence, the income earned through such an occupation is haraam.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)