Assalamu Alaikum! I wanted to ask whether Takaful life insurance is halal or not?
If a Takaful company is operating under the supervision of a Shari'ah board comprising qualified and reliable Islamic scholars, and its policies are in accordance with Islamic principles and guidelines, then it is permissible to obtain policies that comply with those Shari'ah regulations.
قال اللہ تعالی: وَتَعَاوَنُـوْا عَلَى الْبِـرِّ وَالتَّقْوٰى ۖ وَلَا تَعَاوَنُوْا عَلَى الْاِثْـمِ وَالْعُدْوَانِ ۚ وَاتَّقُوا اللّـٰهَ ۖ اِنَّ اللّـٰهَ شَدِيْدُ الْعِقَابِ (مائدہ ۔ آیۃ 2)۔
My friend wants to invest with me Should I give him a fixed profit or not?
English 0 Company and speculation