Is selling life insurance halal?
halalanswers.com
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
No, selling commercial life insurance is haram due to its involvement with interest (riba) and gambling (qimar), which are prohibited in Islam. However, some scholars consider Islamic insurance (takaful) permissible as it adheres to Sharia principles, involving the pooling and investment of funds in compliance with Islamic law.
And Allah knows best.
Sources: