Life insurance

Fatawa Question

Alsalamu Alaikum : I live in a country without social security ; and would like to know about life insurance ; specifically one which is fixed premium and payout, ie. I pay a fixed amount per year and my family will receive an x amount upon my death, there's no reimbursement, payback or whatsoever; since there's no interest; is this Halal ? Salamat Jazakum Allahu Khairan for your constant help

Fatwa

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Publication Date

2007-05-28

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-784988

American Psychological Association (APA)

Qahf, Mundhir. 2007-05-28. Life insurance. .
https://search.emarefa.net/detail/BIM-784988

Modern Language Association (MLA)

Qahf, Mundhir. Life insurance. 2007-05-28.
https://search.emarefa.net/detail/BIM-784988

American Medical Association (AMA)

Qahf, Mundhir. 2007-05-28. Life insurance.
https://search.emarefa.net/detail/BIM-784988