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  • Transactions & Dealings >> Interest & Insurance

    Question ID: 24243Country: India

    Title: My name is sania, sir will u please tel me about making insurance policies is legal in islam or not, and if it is legal then will u please tel me only those policies which are legalised by Islam.

    Question: Assalamalaikum.... My name is sania, sir will u please tel me about making insurance policies is legal in islam or not, and if it is legal then will u please tel me only those policies which are legalised by Islam, waiting for ur reply.... Thank u.......

    Answer ID: 24243

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 1218/913/L=1431)

     

    Most of the insurance policies either include interest and gambling or only gambling. That is why availing insurance policy is unlawful.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India

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