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Question ID: 21630Country: India

Title: Please give me guidance about " Is it halaal to take a policy in LIC ? " according to Shariya in Islam. Please give the reference of Quran and Hadith.

Question: Please give me guidance about " Is it halaal to take a policy in LIC ? " according to Shariya in Islam. Please give the reference of Quran and Hadith.

Answer ID: 21630Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 565/565/M=1431)

LIC policy is unlawful due to being based on interest and gambling.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Please give me guidance about " Is it halaal to take a policy in LIC ? " according to Shariya in Islam. Please give the reference of Quran and Hadith.

Question: Please give me guidance about " Is it halaal to take a policy in LIC ? " according to Shariya in Islam. Please give the reference of Quran and Hadith.

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