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Is it permissible to Work in Mutual insurance company

Answered as per Hanafi Fiqh by ShariahBoard.org

Assalamu alaikkum wrb,

I am working as Contractor (Software Engineer) for Mutual Insurance company. Now Client is looking for me to join as a full time (direct employee). This client is selling the Insurance products to credit union and credit union sell the insurance to the member. Following are the area of business the insurance company is dealing with credit union,

Retiement: 401k plan, Pension plan and Pension Risk plan

Lending: Credit Insurance (Are your members’ loans protected in the event of an unexpected life event, such as disability or death? Offering Credit Insurance on eligible loans can help reduce or pay off the member’s loan payment should the unexpected happen – and help protect your credit union from loan delinquency, default and foreclosure.

Guaranteed Asset Protection: New vehicles depreciate, on average, 20% after one year.1Newly purchased vehicles depreciate the second they’re driven off the dealer’s lot. When a vehicle is totaled in an accident or stolen and not recovered, your member could owe more than the vehicle is worth. GAP is designed to reduce or eliminate the difference between the insurance settlement and the loan balance. Our choice-driven GAP, GAP Plus and GAP with Deductible Assistance offer more feature options and more control than ever before.

Charitable Donation Account: A Charitable Donation Account (CDA) is an easy way to give more—and strengthen your bottom line at the same time. With a CDA, you can invest in a variety of expanded investment options otherwise impermissible by the NCUA. With the new investment returns, you’ll donate a minimum of 51% of those earnings to the charity of your choice and retain up to 49% as income for your other credit union initiatives.

Also they do Debt protection isurance, Mechanical Repair Coverage and private mortgage insurance for home.

I would like to know Is it permissible to work as Full time/Contractor employee of this organiztion. Please advise.

Jazakallah Khair.

بسم اللہ الرحمن الرحیم

الجواب وباللہ التوفیق

If your job involves interest based activities, interest based accounting and insurance, that kind of job is not permissible, whether it is a full-time or a part-time employment. instead, we suggest you look for another lawful and “Shari’ah” permissible job.

Even if you don’t have to deal with interest in your current job, it is still recommended that you look for a job which is free from any interest-bearing transactions.

قال اللّٰہ تعالی:وأحل اللہ البیع وحرم الربا الآیة (البقرة: ۲۷۵

 یٰأیھا الذین آمنوا إنما الخمر والمیسر والأنصاب والأزلام رجس من عمل الشیطن فاجتنبوہ لعلکم تفلحون( المائدة، ۹۰)

وقال رسول اللہ صلی اللہ علیہ وسلم:إن اللہ حرم علی أمتي الخمر والمیسر(المسند للإمام أحمد،۲: ۳۵۱، رقم الحدیث: ۶۵۱۱)

عن جابر بن عبد اللّٰہ رضي اللّٰہ عنہما قال: لعن رسول اللّٰہ صلی اللّٰہ علیہ وسلم آکل الربوا وموٴکلہ وکاتبہ وشاہدیہ، وقال: ہم سواء (الصحیح لمسلم، ۲: ۷۲، ط: المکتبة الأشرفیة دیوبند)

 قال القرطبي فی المفھم (۴:۵۰۰، ط: دار ابن کثیر دمشق، بیروت):وفي معنی المعطي: المعین علیہ، وکاتبہ: الذي یکتب وثیقتہ، وشاھداہ: من یتحمل الشھادة بعقدہ وإن لم یوٴدھا، وفي معناہ: من حضر فأقرہ اھ،

وقال الأبي في إکمال الإکمال (۴:۲۸۰،ط:دار الکتب العلمیة بیروت):ودخول الکاتب والشاھد لإعانتھما علی ھذہ المعصیة (ط)

والمراد بالکاتب کاتب الوثیقة وبالشاھد المتحمل وإن لم یوٴد، وفي معناھما من حضر فأقرہ، وقال السنوسي في مکمل إکمال الإکمال (مع إکمال الإکمال۴:۲۸۱)

وفی الکاشف عن حقائق السنن للطیبي (ص ۲۱۲۴،ط: مکتبة نزار مصطفی الباز، مکة المکرمة): فیہ تصریح بتحریم کتابة المتبایعین المترابیین والشھادة علیھما وبتحریم الإعانة علی الباطل کنایة اھ، ﴿وَلَا تَأْکُلُوْا أَمْوَالَکُمْ بَیْنَکُمْ بِالْبَاطِلِ﴾ أي بالحرام، یعني بالربا، والقمار

والغصب والسرقة(معالم التنزیل ۲: ۵۰)

لأن القمار من القمر الذي یزداد تارةً وینقص أخریٰ۔ وسمی القمار قمارًا؛ لأن کل واحد من المقامرین ممن یجوز أن یذہب مالہ إلی صاحبہ، ویجوز أن یستفید مال صاحبہ، وہو حرام بالنص(رد المحتار، کتاب الحظر والإباحة،باب الاستبراء، فصل في البیع، ۹: ۵۷۷)

وقال اللہ تعالی :ولا تعاونوا علی الإثم والعدوان (سورة المائدة، رقم الآیة: ۲)

فقط 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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