Life insurance policy

life-insurance

Reference: http://www.alfawzan.af.org.sa/node/15992

Question: In your opinion, what is the Sharee’ah ruling regarding life insurance?

Response: Insurance in all its forms is not permissible, [just as] business insurance in all its forms is [also] not permissible, because it is [a form of] falsely acquiring wealth – about which the Council of Senior Scholars have issued [their] decision of its prohibition.

Abu 'Abdullaah, Mohammed Akhtar Chaudhry

About Abu 'Abdullaah, Mohammed Akhtar Chaudhry

- from London, UK. He is a graduate of the Islaamic University of Madeenah, having graduated from the Institute of Arabic Language, and later the Faculty of Sharee'ah in 2004.