• Transactions & Dealings >> Interest & Insurance

    Question ID: 629Country: India

    Title: Is Income or commission of insurance advisor is halaal or haram?

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

    Answer ID: 629Posted on: Sep 1, 2020

    Bismillah hir-Rahman nir-Rahim !

    (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 (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India