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The question

To what extent are the various insurance policies compatible with the provisions of Islamic Sharia?

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

Insurance is of two types:

- Commercial insurance: A void and prohibited contract in all its forms.

- Takaful or cooperative insurance: Permissible in principle.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
173528
Imported
Translation status
Source text, unreviewed
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