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The question

What is the ruling on a company insuring the lives of its employees, paying the insurance premium to the insurance company, and then the company controlling the amount the employee receives from the insurance policy as an end-of-service bonus?

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

It is not permissible to contract with a company to collect end-of-service benefits through life insurance, even if the employees do not pay the insurance premiums. This is because it involves aiding in and condoning a forbidden act. However, if the employees contract with the company for end-of-service benefits without knowing that the company insures them, then there is no harm in them taking this benefit.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
79063
Imported
Translation status
Source text, unreviewed
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