Marriage and education insurance policy

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: Does Islam allow us to take out marriage and education insurance policy for our childrens future?

Bismillaah

A: All types of insurance policies are haraam as the elements of gambling and riba (interest) are found in it.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

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