Is it permissible to pay off debts from the profits of life insurance policies?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Insurance policies that offer an insurance sum with annual profits: if it is commercial insurance, then the profits and the insurance sum are unlawful money. The insured is only entitled to the installments he paid. The unlawful money should be spent on charitable causes and general Muslim welfare. Its owner is not permitted to benefit from it for his private needs. However, if it is cooperative insurance, then it is permissible, and its profits are also permissible, and its owner may dispose of them as he wishes.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/95231
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 95231
- 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