Fatwa #157163 October 2007South Africa
Working for an insurance company
Question
I would like to know if working for a short term insurance company haraam.I dont sell insurance but work on existing policies dealing with cars and homes?
Answer
In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
It is not permissible to work for an insurance company. Conventional insurance have elements of interest and gambling in them, both of which are expressly prohibited in the Quran .To work for such a company is assisting in sin. Allah says in the Quran " Do not assist in sin (Maidah).
And Allah knows best
Mufti Ebrahim Desai
Darul Iftaa