What to Do with Health Insurance Money?

(+92) 0317 1118263

What to Do with Health Insurance Money?

Financial Transactions,Interest,What to Do with Health Insurance Money?

Fatwa No :

82078

| Date :

0000-00-00

Fatwa No : 82078
What to Do with Health Insurance Money?

معاملات / مالی معاوضات / سود

What to Do with Health Insurance Money?

Respected Mufti Sahib, Assalamu Alaikum wa Rahmatullahi wa Barakatuh!
I would like to inquire: If a person has health insurance and receives an amount under this scheme, can that money be combined with zakat funds and utilized for good causes? Kindly guide me in the light of the Qur’an and Sunnah.
Note: There is life insurance, and there is health insurance.

الجوابُ حامِدا ًو مُصلیِّا ً

It should be clear that most of the dealings of insurance companies are based on interest (usury) and other non-Shariah compliant transactions. Therefore, taking a health insurance policy from them is also impermissible in Shariah, and it is necessary to abstain from it. If someone has already taken such a policy, then at the time of need he may only benefit to the extent of the amount he has deposited in the form of premiums. Hence, the questioner should terminate the said policy, and if he has already benefited equal to the amount he deposited, that is preferable; otherwise, he may take back only that much amount.

مأخَذُ الفَتوی

کما فی تنزیل العزیز:احل اللہ البیع وحرم الربوا(البقرۃ:275 الآیۃ)
وفی مرقاۃ المفاتیح: عن جابر رضی اللہ عنہ قال : لعن رسول اللہ ﷺ آکل الربوا وموکلہ وکاتبہ وشاھدیہ،وقال:ھم سواء(6/51)

And Allah knows best
Darulifta Jamia Binoria Aalamia

Fatwa No 82078 Verify Now

0 538

Related Fatawa Related Fatawa

taking loan for business from bank
Scanned English 1 Interest
Selling something on installments and repurchasing it with cash
Scanned English 3 Interest
Engaging in Interest Based Transactions with Non-Muslims in Darul-Harb (Territory of War)
Scanned English 0 Interest
Nowadays the government is giving loans on 5% markup rate
Scanned English 0 Interest
I would like to know about interst in darul harab
Scanned English 0 Interest
Muslim get interest being a resident or citizen in non Islamic country
Scanned English 0 Interest
Receiving more than the amount that was lent
Scanned English 0 Interest
I have an interest based loan
Scanned English 0 Interest
Amanah Islamic Finance
English 0 Interest
Ruling on interest received from savings account
Unicode English 0 Interest
Taking a Loan and Repaying It in Installments with an Additional Amount
Unicode English 0 Interest
Is it permissible to sell truck bilties (freight receipts)?
Unicode English 1 Interest
Taking interest in order to spend on virtuous deeds
Unicode English 0 Interest
Is it allowed to do interest based transaction with non-Muslims?
Unicode English 0 Interest
Behbood Savings Certificates and Shuhada Welfare Accounts
Unicode English 0 Interest
The Ruling of Riba (Usury) Between a Muslim and a Harbi in Non-Muslim Countries
Unicode English 1 Interest
Offering Sacrifice and giving charity from interest based loan
Unicode English 0 Interest
Two types of provident funds
Unicode English 0 Interest
Explanation of the Difference of Opinion and Ruling Regarding Taking Interest from Non-Muslims in Dar al-Harb
Unicode English 0 Interest
What is the ruling on taking an interest-based loan from a bank?
Unicode English 0 Interest
Ruling on Provident Fund
Unicode English 1 Interest
The Shariah Ruling on Insurance
Unicode English 0 Interest
Who is entitled to the interest money?
Unicode English 0 Interest
Ruling on Life Insurance
Unicode English 0 Interest
What to Do with Health Insurance Money?
Unicode English 0 Interest

...

Related Topics Relative Topics

خرید و فروخت
Buying and Selling

95
سود
Interest

51
قرض
Loan

32
کاروبار
Trade and Business

31
ملازمت
Employment and Job

26
اجرت و کرایہ داری
Rent

25
شرکت و مضاربت
Company and speculation

21
ہدیہ
Gift

15
رشوت
Bribery

5
رہن یا گروی
Mortgage

2

What to Do with Health Insurance Money?        
    
    Question:
    Respected Mufti Sahib, Assalamu Alaikum wa Rahmatullahi wa Barakatuh!
I would like to inquire: If a person has health insurance and receives an amount under this scheme, can that money be combined with zakat funds and utilized for good causes? Kindly guide me in the light of the Qur’an and Sunnah.
Note: There is life insurance, and there is health insurance.
    Answer:
    It should be clear that most of the dealings of insurance companies are based on interest (usury) and other non-Shariah compliant transactions. Therefore, taking a health insurance policy from them is also impermissible in Shariah, and it is necessary to abstain from it. If someone has already taken such a policy, then at the time of need he may only benefit to the extent of the amount he has deposited in the form of premiums. Hence, the questioner should terminate the said policy, and if he has already benefited equal to the amount he deposited, that is preferable; otherwise, he may take back only that much amount.