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The question

Is covering the news of insurance companies permissible (halal) or forbidden (haram)?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Insurance in all its currently known forms is legally forbidden due to its inclusion of (excessive uncertainty), jahalah (ignorance regarding the subject matter), and riba (usury), with the exception of cooperative insurance. Therefore, if covering news about conventional insurance companies constitutes aid or promotion for them, then it is not permissible, based on the Almighty’s saying: "And cooperate in righteousness and piety, but do not cooperate in sin and aggression." This does not include cooperative insurance companies that adhere to regulations.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
106277
Imported
Translation status
Source text, unreviewed
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Read the full answer on Ftawy