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The question

To what extent are the various insurance policies compatible with the provisions of Islamic Sharia?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Insurance is of two types:

- Commercial insurance: A void and prohibited contract in all its forms.

- Takaful or cooperative insurance: Permissible in principle.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
173528
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.
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Read the full answer on Ftawy