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

Fatawa Question

Is insurance of job allowed ? Notes : Assalamu Alaykum, I'm an expatriate working in UAE. Some of the insurance companies here, have recently introduced Insurance schemes covering the loss of job. There are continuous uncertainties in my profession. However, I have not taken this Insurance cover because I'm afraid the security provided by this insurance, in principle goes against the efforts in seeking Allah (SWT) 's protection of my career. I have just seen the Fatwa delivered in this site saying insurance cover for one's properties is not Haram. What is your ruling on this employment insurance ?

Fatwa

Click hereto view more

Publication Date

2001-02-03

Main Subjects

Economics & Business Administration
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-724376

American Psychological Association (APA)

Qahf, Mundhir. 2001-02-03. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : employment insurance. .
https://search.emarefa.net/detail/BIM-724376

Modern Language Association (MLA)

Qahf, Mundhir. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : employment insurance. 2001-02-03.
https://search.emarefa.net/detail/BIM-724376

American Medical Association (AMA)

Qahf, Mundhir. 2001-02-03. Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : employment insurance.
https://search.emarefa.net/detail/BIM-724376