Working in insurance companies and as actuary : working as an actuary

Fatawa Question

Assalamu Alaikum Wa Rahmatullahi Wa Barakatuh. Dear brethren in Islam I have recently graduated and am currently seeking employment. One of the fields in which I hope to go into is actuarial consultancy either for a consultancy company or with the British government actuaries department. But as you may be well aware this deals with mainly general insurance, pensions and employee benefits. I was wondering what the Shari’ah ruling would be on the legality of a Muslim following this career path. If it is allowed for a Muslim to follow this career path, then for which type of Institutes / companies would it be allowed in. Please could you give me the daleel of your conclusions. I will be very grateful if you could answer my question. May Allah( Swt) give all the Muslims the tawfiq to earn a Halal living. Ameen Jazaka Allahu Khairan yours a brother in Islam

Fatwa

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Publication Date

2001-04-18

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-724805

American Psychological Association (APA)

Qahf, Mundhir. 2001-04-18. Working in insurance companies and as actuary : working as an actuary. .
https://search.emarefa.net/detail/BIM-724805

Modern Language Association (MLA)

Qahf, Mundhir. Working in insurance companies and as actuary : working as an actuary. 2001-04-18.
https://search.emarefa.net/detail/BIM-724805

American Medical Association (AMA)

Qahf, Mundhir. 2001-04-18. Working in insurance companies and as actuary : working as an actuary.
https://search.emarefa.net/detail/BIM-724805