Transactions & Dealings >> Interest & Insurance

Question ID: 22905Country: India

Title: I work in a Software department (IT) in Pune. The company i work for has a business if Insurance in US. I want to know if my earning is Valid (Halaal)?

Question: I work in a Software department (IT) in Pune. The company i work for has a business if Insurance in US. I want to know if my earning is Valid (Halaal)?

Answer ID: 22905Posted on: Aug 31, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 1131/921/B=1431)

We cannot say anything in this regard until the whole published procedure (in Urdu) of this company is not before us. However insurance policy contains interest and gambling i.e. it consists of both these things. The illegality of these two is proved by the holy Quran. Hence Muslims should not involve in insurance at any cost.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: I work in a Software department (IT) in Pune. The company i work for has a business if Insurance in US. I want to know if my earning is Valid (Halaal)?

Question: I work in a Software department (IT) in Pune. The company i work for has a business if Insurance in US. I want to know if my earning is Valid (Halaal)?

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