What is the ruling on working for insurance companies?
Source: FtawySummary from Ftawy's records · added here Oct 24, 2026
Islamic Fiqh Academies and the majority of contemporary scholars have ruled that commercial insurance, in all its types and forms, involves شرعية محاذير ( prohibitions) such as (excessive uncertainty), (gambling), and riba (usury). Therefore, it is impermissible to work in it or deal with it. As for cooperative insurance companies established by some Islamic countries to avoid these Sharia prohibitions, there is no objection to working in them or dealing with them, after verifying their adherence to Sharia guidelines.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31488
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 31488
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy