Taking out life policies to pay estate taxes with the payouts

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: Is it permissible to take out life policies with the only intention that the payouts will be used to pay estate taxes?

Bismillaah

A: No.

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

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

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