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Accepting insurance proceeds : being a beneficiary to a Riba-based life insurance
Fatawa Question
Asalaam-o-Alaikum, I have a question about Life Insurance and I have gone through your previous answers on it but I'm not clear about what does the late Shaikh Mustafa al Zarka's fatwa means. This person is Christian and I am the beneficiary on his Life Insurance and I and my family are Muslims. The life insurance company has given him an option of taking half the money instead of the full amount after a certain time if he does not want to wait till the contract materializes which is his death. Now is it legal as a beneficiary to take that money and use it on my family as me and my husband both are unable to find a job and we also have 3 children. Of course we will also give some of it to charity
Fatwa
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Publication Date
2003-01-18
Main Subjects
Economics & Business Administration
Religion
Islamic Studies
Topics
- Islamic jurisprudence
- Islamic economics
- Insurance law
- Insurance
- Life insurance
- Insurance companies
- Insurance policies
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-724492
American Psychological Association (APA)
Qahf, Mundhir. 2003-01-18. Accepting insurance proceeds : being a beneficiary to a Riba-based life insurance. .
https://search.emarefa.net/detail/BIM-724492
Modern Language Association (MLA)
Qahf, Mundhir. Accepting insurance proceeds : being a beneficiary to a Riba-based life insurance. 2003-01-18.
https://search.emarefa.net/detail/BIM-724492
American Medical Association (AMA)
Qahf, Mundhir. 2003-01-18. Accepting insurance proceeds : being a beneficiary to a Riba-based life insurance.
https://search.emarefa.net/detail/BIM-724492