Fatwa #46055 January 2002United Arab Emirates
As salaam alaikum wa rehmatullahi wa barakatahu, Is Life insurance Haraam or Halal ? Please replt Jazak allah khair
Answer
All conventional life insurance policies are Haraam. They have elements of
gambling and interest in them.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
FATWA DEPT.
gambling and interest in them.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
FATWA DEPT.