Transactions & Dealings >> Interest & Insurance

Question # : 629

India

Is Income or commission of insurance advisor is halaal or haram? Give sugestions for your answers.

Answer : 629

Published on: Feb 13, 2008

بسم الله الرحمن الرحيم


(Fatwa: 657/J)


 


Insurance comprises of interest and gambling which are absolutely Haram in Islam. Therefore, the earning or commission of insurance advisor is not Halal; since it is helping in sin, as the Holy Quran says: but help ye not one another in sin and rancour: fear Allah; for Allah is strict in punishment. (Surah Maaidah, 5/2)



Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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