Title: I had the LIC policy. On policy matured I got bonus and principal amount with interest. The bonus is separately mentioned. Can I use the principal amount and bonus for Haj purpose. 

Question: I had the LIC policy. On policy matured I got bonus and principal amount with interest. The bonus is separately mentioned. Can I use the principal amount and bonus for Haj purpose.

Answer ID: 28291Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 43/17/D=1432)

Availing LIC policy is haram and unlawful as it involves interest, gambling and deception. However, if you have already availed this policy, then only the capital amount would be halal for you, you can use it in your needs. It is not lawful to take the extra amount in your personal use or for hajj; rather it is necessary as per Islamic teachings to give it to poor and needy ones without the intention of reward.