Accepting insurance proceeds : beneficiary’s proceeds from life insurance

Fatawa Question

Salaam Alaikum, Jazakallah for taking your time to answer this question. My non-Muslim father recently passed away. He had a life insurance policy. I wanted to know if it is permissible for me to accept my share of this inheritance. Specifically I have done some research and found that scholars have conflicting answers with regard to the permissibility of Muslims having their own life insurance policies. However, in this particular case the amount left to me is a gift (inheritance), not something that I have paid any money or interest into (if that makes sense). Does that have any bearing on its permissibility ? That is, if it is a gift am I obligated to question it ? Thank you for your time, Salaam. Sr. Samantha

Fatwa

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Publication Date

2003-03-15

Main Subjects

Economics & Business Administration
Religion
Islamic Studies

Topics

• Islamic jurisprudence
• Islamic economics
• Dhimmies
• Insurance
• Endowments
• Muslims
• Inheritance
• Life insurance
• Usury
• Insurance policies
• Insurance revenues

No. of Pages

3

Data Type

Fatawa

Language

English

Record ID

BIM-724494

• APA
• MLA
• AMA