Is Life Insurance Halal in Islam?
You must login to add an answer.
Sign up to join our community!
Sign up to join our community!
Please sign in to your account!
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Life insurance is Halal in Islam only in the form of takaful. In takaful, the organization acts as the trustee of funds and the risk is mutually shared between the participants. It is Riba free because the investments are shariah complaint assets and terms of conditions are shariah monitored.