Life insurance

Assalamualaikum, 

Is it permissible to get life insurance in Islam?

الجواب وباللہ التوفیق

Life insurance is impermissible and Haram due to being based on interest and gambling.

واللہ اعلم بالصواب 

Answered on: 24 February 2020 | 30 Jamadiul-Thani 1441
Answer By: Mufti Mohammed Razaur Rahman Abid
Checked By: Mufti Mohammed Navalur Rahman
Original Source Link

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

Tags: gambling, insurance, Interest, mohammed

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