What is the ruling on working in social insurance in Egypt, knowing that its system covers old age, disability, and death insurance, and includes beneficiaries who are workers with personal employment contracts or self-employed or in international and regional organizations within Egypt, as well as emigrants who have retained their Egyptian nationality, and it provides pensions upon reaching the age of sixty or earlier, and death or total permanent disability pensions, and an additional compensation, a death grant, and funeral expenses, and that the subscription rate is 22.5% monthly of the chosen income category, and the funds are deposited in the bank?
Cooperative insurance is the permissible type. As for the insurance mentioned in the question, which is based on varying monthly subscriptions that allow the insured to benefit more than what they paid, it is impermissible. This prohibition is reinforced by the presence of gharar (excessive uncertainty), the placement of funds in usurious banks, and the resulting usurious interest, which makes it fall under sin and aggression, forbidden by the Almighty's saying: "And cooperate in righteousness and piety, but do not cooperate in sin and aggression" (Al-Ma'idah: 2).
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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