Working in insurance and actuary and insurance agents : selling insurance policies
Fatawa Question
[Question One] : AA A friend of mine asks whether or not he can sell life, health and annuities insurance products for a traded insurance company. Thank you [Question Two] : At the outset, I want to thank you for getting back to us in a reasonable time. Second, that person is going to sell accident and health products which are okay as we understood. But he is also going to sell life insurance. He does not know if these sales involve interest-based notion or not. This is an area he is asking about. Can he go ahead with life insurance products sales regardless without asking about their base or no ? Another thing, heard about the permissibility of buying life insurance with the intention of treating it as an investment. At the end of specific term, you can or the heirs take the policy $ figure back. Is this applicable ? Thank you !
Fatwa
Click hereto view more
Publication Date
2007-06-28
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-785005
American Psychological Association (APA)
Qahf, Mundhir. 2007-06-28. Working in insurance and actuary and insurance agents : selling insurance policies. .
https://search.emarefa.net/detail/BIM-785005
Modern Language Association (MLA)
Qahf, Mundhir. Working in insurance and actuary and insurance agents : selling insurance policies. 2007-06-28.
https://search.emarefa.net/detail/BIM-785005
American Medical Association (AMA)
Qahf, Mundhir. 2007-06-28. Working in insurance and actuary and insurance agents : selling insurance policies.
https://search.emarefa.net/detail/BIM-785005