What is the ruling on subscribing to an unemployment insurance fund in which the subscriber pays a small monthly amount to receive a monthly salary for one year, at a rate of up to 80% of his original salary, if he leaves his job or loses it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Commercial insurance is forbidden because it is based on the principle of exchange and profit, and it involves usury due to the exchange of immediate cash for deferred cash, and uncertainty () due to the unknown amount of compensation. Furthermore, its funds might be invested in forbidden things. Therefore, it is not permissible to voluntarily participate in it. However, cooperative Takaful insurance is permissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/115730
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 115730
- 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