Is subscribing to Takaful insurance policies permissible, such as a children's policy that pays out when they reach 21 years of age and involves the company investing the monthly paid amounts, knowing that these policies are accompanied by a review document from a Sharia supervisory board?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
There is no objection to dealing with this company as long as its insurance is based on takaful (mutual indemnification) and it has a reliable board overseeing it.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/132299
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 132299
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy