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When the life insurance considered as un-Islamic

Posted by I S L A M A D I N A on 10.12.2016

What do Muslims believe about insurance?

Is it acceptable in Islam to take out health insurance, life insurance, car insurance, etc.? Are there Islamic alternatives to conventional insurance programs? Would Muslims seek a religious exemption if the purchase of insurance were required by law?

Answer: Under common interpretations of Islamic law, conventional insurance is forbidden in Islam.

Many scholars criticise the system of conventional insurance as exploitative and unjust.

Blog, Updated at: 05.14.00

1 comments:

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