17 Muharram 1441

Shaykh, what is Shareeah perspective about Insurance. Is it Halaal?

By Admin
In Insurance
Apr 21st, 2018
0 Comments
810 Views

ANSWER:

Medical insurance or any kind of insurance is haram if taken by your own self because it involves two major sins: gambling and riba. 

If the insurance is compulsory by the government or if your company is offering it to you then there’s no problem in utilizing it as the sin is not on you.

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