Fatwa #542522 April 2002United States of America
I want to know that r we allowed to have life or health insurance in Islam?
Answer
All conventional insurance schemes have elements of interest and gambling in
them, hence, not permissible.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
them, hence, not permissible.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai