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Earning from takaaful insurance

Answered as per Hanafi Fiqh by Muftionline.co.za

Q:

1. Is the earning from takaaful insurance clearly stated as haraam?

2. If such a person invites a friend for a dinner party at his home, will it be halaal for him to consume such type of food?

Bismillaah

A:

1. Up to this point we do not find a difference between takaaful and conventional insurance. Just changing words around does not make a haraam into permissible.

2. If he is going to feed the friend mainly from this type of a wealth then the friend should kindly excuse himself.

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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