To what extent is it permissible for a husband to agree with a bank to deduct a portion of his salary monthly as insurance for his two children, whereby they receive approximately double the amount upon reaching 21 years of age, and the bank automatically pays the amount in the event of the husband's death?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Commercial life insurance is forbidden; therefore, the aforementioned policy is unlawful. The husband must request to transfer his salary to an Islamic bank if the bank is usurious; otherwise, he should withdraw his salary directly.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/155146
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 155146
- 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