What is the ruling on subscribing to an unemployment insurance fund in which the subscriber pays a small monthly amount to receive a monthly salary for one year, at a rate of up to 80% of his original salary, if he leaves his job or loses it?

Commercial insurance is forbidden because it is based on the principle of exchange and profit, and it involves usury due to the exchange of immediate cash for deferred cash, and uncertainty (gharar) due to the unknown amount of compensation. Furthermore, its funds might be invested in forbidden things. Therefore, it is not permissible to voluntarily participate in it. However, cooperative Takaful insurance is permissible.