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View By Subject 87 fatwas
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Investing money in Aviva life insurance
Asalam alaikum I am having little bit confusion, so kindly clear my doubt as soon as possible. I am thinking of investing money in AVIVA LIFE InSURANCE --i have enquired about it so the person from whom i have enquired is also muslim he have told me like this: I have to invest Indian Rupees 3000/month for 20 years which will be equal to 650000 rupees.. More
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Buying medical insurance to avoid borrowing with Riba in the future
my question is regarding mediclaim policies and the way of medical treatment in 2 parts. 1)recently my wife was in critical condition and was admitted to hospital.i didnt have any medi claim policies as it is forbidden in islam but to meet the hospital charges i had to borrow money from a money lender at exorbitant interest as there was no other option.. More
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Insurance and pension plans
A.O.A 1.I need to know about “Insurance Policy” is it good please answer in detail in the light of Quranic views? 2.If a company offers that you submit some fixed amount for 10 year then we will give you this fixed amount after 10 year and more you will get certain amount after 55 year as pension. 3.We asked that in our knowledge there should be.. More
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Undertook breast cancer insurance
Dear Sir/Madam, I took up breast cancer insurance back in September 2006; they take £14 pound every month. And if I don’t make a claim after 20 years I get all of the money I paid since joining refunded. People without insurance here have to pay £180 for initial consultation (just to see the doctor once), and then pay separately for diagnostic.. More
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Additional premium payment for double life insurance coverage
Our office has a group insurance (life insurance) policy for all the employees, which is also part of our pay package. Recently company have given option for the employee "If you pay XX amount of money per month, than your insurance coverage will be double". So my question is - Any of the following is acceptable under Sharriaya? If not what should I.. More
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Wants to give up an insurance policy but is afraid of losing his past payments
In India, I took a life insurance policy. I need to pay the money for 20 years. Each year, I have to pay 50k rupees. At the end of each five year, they will give me 2 lakhs rupees and at the end of 20 years, in addition they will give some bonus profit based on the profit they got after investing in stock market. But I can't able to know in which companies.. More
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Registered Education Saving Plan in Canada
Assalamo alay kum Mufti i am living in a westeren country where the govt offered a plane for the future kids education.the parants can pay certain amount of money per month up to eighteen years and the govt also can contribute up to 20%( roughly) i have a new born baby and i was thinking to buy such RESP(Registered Education Saving Plane) so guide.. More
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His non-Muslim mother is paying insurance for him
bismillahi ar-rahman ar-rahim Assalaamu aleikum My problem is that my mother who is not a muslim is paying me for insurance and she is very strict on having one. So maby if i tell her that i dont want one she does not agree. So is there any sin on me for her to pay my insurance until i will live 0n my one and stop paying for it ?.. More
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Questionable health insurance schemes
Assalamualaikum. I live in Ghana in West Africa and the government has recently introduced a national health insurance which is going to be obligatory for all those living in the country. A levy of 2.5% is charged on every taxable business transcation, imports, etc to finance the national health insurance. Mutual Health Insurance Schemes have been formed.. More
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Life insurance fully paid by the employer
If I am working with a company and the company paid full cost for life insurance which will give money to my family after death. If I am working with the company when I pass away, and I am not paying anything on that, is it Halaal or Haraam to engage in such a system?.. More
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Insurance provided free of charge by the employer
May Almighty Allaah bless you all for the kind of work you have been doing. I have one question, if you could please clarify this to me.
The question is: What if a company provides a life insurance policy for all of its employees. The staff does not have to pay any premium; everything is done by the company. This policy covers life insurance.. More
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Disability insurance
I am a dentist and my job offered me (disability insurance), which is provided by the job and I contribute some portion to it. Disability insurance is an insurance that pay me a percentage of my salary, in case I became disabled. Is Disability insurance allowed or not? .. More
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His father works in the insurance business
My father is working in Insurance Company. He is working as a manager. Now I have asked him to come out of that organization which is not permissible in Islam. I need to know the following:
The income what he has earned in the 20-25 years - is allowed or not. Also what is the solution to get ride of this?
Please do Du'a so that I could ask my.. More
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Wants to take medical insurance to cover expensive care for his wife
My wife always remains sick and I have to make several tests for her in hospitals, which are very expensive. I cannot afford these expensive tests, as I am not in my country. If I take a medicine insurance card I can then go to these hospitals to do these expensive tests. Am I allowed to use such types of medical coverage only for my wife'. What.. More
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Cash payment to worker's survivor at his death
Life insurance as it is generally is Haraam because it is a kind of Gharar transaction. What if a worker is promised a fixed sum of money to be paid to a specified relative if the worker dies on the job without the worker paying anything for such a deal in advance? .. More
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