Using insurance in estate and financial planning : insurance in financial planning

Fatawa Question

As-Salamu 'Alaikum, dear scholar, often times, our dependents face financial crisis when the bread earner got seriously sick, dies, or bankrupts. Being a responsible husband / father, we take out one or more insurance / investment polices to secure the financial future of our dependents. Takaful and Sukuk are available in Muslim countries, what about us who live in non-Muslim countries where these products are not available ? Shall we leave our children / wives unsecured ? Jazak Allahu Khairan.

Fatwa

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Publication Date

2010-12-12

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-729543

American Psychological Association (APA)

Qahf, Mundhir. 2010-12-12. Using insurance in estate and financial planning : insurance in financial planning. .
https://search.emarefa.net/detail/BIM-729543

Modern Language Association (MLA)

Qahf, Mundhir. Using insurance in estate and financial planning : insurance in financial planning. 2010-12-12.
https://search.emarefa.net/detail/BIM-729543

American Medical Association (AMA)

Qahf, Mundhir. 2010-12-12. Using insurance in estate and financial planning : insurance in financial planning.
https://search.emarefa.net/detail/BIM-729543