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Ruling on Takaful Life Insurance

Financial Transactions,Company and speculation,Ruling on Takaful Life Insurance

Fatwa No :
74275
| Date :
2024-07-02
معاملات / مالی معاوضات / شرکت و مضاربت

Ruling on Takaful Life Insurance

Assalamu Alaikum! I wanted to ask whether Takaful life insurance is halal or not?

الجوابُ حامِدا ًو مُصلیِّا ً

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.

مأخَذُ الفَتوی

قال اللہ تعالی: وَتَعَاوَنُـوْا عَلَى الْبِـرِّ وَالتَّقْوٰى ۖ وَلَا تَعَاوَنُوْا عَلَى الْاِثْـمِ وَالْعُدْوَانِ ۚ وَاتَّقُوا اللّـٰهَ ۖ اِنَّ اللّـٰهَ شَدِيْدُ الْعِقَابِ (مائدہ ۔ آیۃ 2)۔

And Allah knows best
محمد حذیفہ حسن عُفی عنه
دار الافتاء جامعه بنوریه عالمیه

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