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Life insurance

Answered as per Hanafi Fiqh by ShariahBoard.org

Assalamualaikum, 

Is it permissible to get life insurance in Islam?

Life insurance

الجواب وباللہ التوفیق

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

واللہ اعلم بالصواب 

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.

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