Using insurance in estate and financial planning : life insurance to save taxes

Fatawa Question

Dearest Dr. Monzer, As-Salamu `Alaykum, Could you kindly reply to the following question ? As-Salamu `Alaykum, I take life insurance solely to save income tax levied otherwise on my salary at maturity they give back the money invested plus the vested bonus. I want to know whether the bonus given is Halal or not.

Fatwa

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Publication Date

2011-02-14

Main Subjects

Economy and Commerce
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-729546

American Psychological Association (APA)

Qahf, Mundhir. 2011-02-14. Using insurance in estate and financial planning : life insurance to save taxes. .
https://search.emarefa.net/detail/BIM-729546

Modern Language Association (MLA)

Qahf, Mundhir. Using insurance in estate and financial planning : life insurance to save taxes. 2011-02-14.
https://search.emarefa.net/detail/BIM-729546

American Medical Association (AMA)

Qahf, Mundhir. 2011-02-14. Using insurance in estate and financial planning : life insurance to save taxes.
https://search.emarefa.net/detail/BIM-729546