What is the way to secure the future after retirement without resorting to prohibited types of insurance?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the inquirer desires a means free from doubt, they should resort to traditional methods based on economy and investment, such as economizing on spending and directing the remaining money towards investment in a permissible field to generate lawful profit. If they are unable to invest themselves, there is sufficient provision for them in contracts of (profit-sharing) and legitimate companies. Among the possible means is to search for a fund based on cooperative Takaful (Islamic insurance); if one is found to be compliant with regulations, it is permissible to subscribe to it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/115699
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 115699
- 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