Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : is life insurance permissible ?

Fatawa Question

Assalamu Alaikum Warahmat Allah Wa Barakatuhu Wa Ba'ad, first question : life insurance policy is Halal (allowed) or Haram in Islam ? Second question : is progress payment financing (??) prohibited or allowed ? jazakumullahu Khairan, agil Notes : Ps. : progress payment financing means I have a bill with delayed schedule of payment. I bring this bill to the bank to get cash in advance with a little reduction or discount on the amount of the bill. Thanks

Fatwa

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Publication Date

2001-02-14

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-724373

American Psychological Association (APA)

Qahf, Mundhir. 2001-02-14. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : is life insurance permissible ?. .
https://search.emarefa.net/detail/BIM-724373

Modern Language Association (MLA)

Qahf, Mundhir. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : is life insurance permissible ?. 2001-02-14.
https://search.emarefa.net/detail/BIM-724373

American Medical Association (AMA)

Qahf, Mundhir. 2001-02-14. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : is life insurance permissible ?.
https://search.emarefa.net/detail/BIM-724373