Working in insurance and actuary and insurance agents : insuring to the benefit of others

السؤال

[Question One] : As-Salamu `Alaykum ! I would like to know if the following business scheme is Halal or Haram 1) I create a company offering life insurance for free to poor people that can't afford life insurance premium cost and once they died will leave nothing as heritance to their family (when I say they are poor it means that they have no property no asset to leave to their family, workers with rented houses, Thank you for helping me). 2) The company would go toward paying the premiums. 3) After the death the monies of each policy would be split three ways : - $ 20,000 to the deceased person's family. -$ 20,000 to charitable works-$ 240,000 to the company 4) Sell the company to a fund or invest. Thank you for helping me this opportunity has just been offered to me and I don’t know what to do because in one way the poor people without life insurance will let their family with 0 heritance but if they are insured they will at least leave some monies to help their family and charitable works but also its profit from peoples death, thank you. [Question Two] : Assalamu Alaykum Wa Rahmatu Allahi Wa Barakatuh Ramadan Moubarak 1) I didn’t understand well your email and I am still confuse I’ll try to explain myself better here after 1) You are right the money will be an extra asset to cloth car etc. 2) Regarding the law and viability of the project its fine even with 40 / 50 years premium to pay. 2) Fake charity and playing with emotions : I am a businessman but I don’t do business with alcohol, gambling or drugs. I have morality and this business of life insurance exists already as life settlement with people owning life insurance. I am interested in this business as long as : there is win win with those people who cannot afford insurance premiums so its really not for me fake charity or playing with emotions and as long as the company is dealing with top funds that cannot hire killing gangs I beg you please to believe in my honesty and help me in taking a decision and to inform me if this business is Halal Or Haram . Thank you. Wassalam

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2007-09-12

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-785430

• APA
• MLA
• AMA