Is it permissible for commercial insurance companies to offer cooperative (Takaful) life insurance, and is this considered religiously permissible, even though their primary activities are impermissible?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The decisive factor in insurance is its characteristics, not its name. So, if it possesses the characteristics of cooperative insurance, then it is cooperative. But if it has the characteristics of prohibited insurance, then it is forbidden, even if it is called cooperative.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/54933
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 54933
- 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