Studying insurance and working in insurance companies : working in an insurance company [1]
Fatawa Question
Assalamu Alaikum, I have searched your Fatwa bank for rulings on insurance in general and working in them specifically, in the hopes of resolving a major question of mine. I am near the completion of my university degree and I am intending on working in the actuarial profession. Actuaries are hired in all types of insurance companies, consulting companies and pension companies. From what I have researched pension companies seem to be the area least under dispute. Even so it would be unlikely that upon landing my first career job, I would find a pension company that is involved in fully Halal transactions. My questions are as follows. 1) would it be possible to work as an actuary in a traditional insurance company, and if not in all then which ones ? 2) would it be possible to work for a consulting company even if some of its employment comes from insurance companies and traditional western banks ? 3) is it halal to work as an actuary in a pension company ? Jazakallah Khair.
Fatwa
Click hereto view more
Publication Date
2002-05-05
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
- Banks
- Islamic jurisprudence
- Islamic economics
- Insurance
- Professional workers
- Labour
- Insurance companies
- Usury
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-724470
American Psychological Association (APA)
Qahf, Mundhir. 2002-05-05. Studying insurance and working in insurance companies : working in an insurance company [1]. .
https://search.emarefa.net/detail/BIM-724470
Modern Language Association (MLA)
Qahf, Mundhir. Studying insurance and working in insurance companies : working in an insurance company [1]. 2002-05-05.
https://search.emarefa.net/detail/BIM-724470
American Medical Association (AMA)
Qahf, Mundhir. 2002-05-05. Studying insurance and working in insurance companies : working in an insurance company [1].
https://search.emarefa.net/detail/BIM-724470