I wanted to ask if life insurance is haram and why?

Answered by 

Shaykh Ebrahim Salejee

Q: I wanted to ask if life insurance is haram and why?

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A: It is haraam because it contains the elements of interest and gambling.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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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.

Tags: gambling, haraam, insurance, Interest

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