Back to search
The question

What is the ruling on the fee received by the sworn expert from Riba-based insurance companies?

Share this answer

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

Cooperating with the aforementioned insurance companies is forbidden, based on the Almighty's saying: (And do not cooperate in sin and aggression). One should be wary of the work involving witnessing usurious contracts, for the Prophet, peace and blessings be upon him, said: "Allah has cursed the one who consumes usury, the one who feeds it, its two witnesses, and its scribe; they are all equal." It is advised not to work with insurance companies based on ambiguity (gharar) and usury (riba), for whoever abandons something for the sake of Allah, Allah will compensate him with something better.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
32138
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy