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Is Life Insurance Haram? (Video)

02 January, 2022
Q I am wondering if life insurance is halal or haram according to the teachings of the religion of Islam.

Answer

In the Name of Allah, Most Gracious, Most Merciful. 

All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.


In this fatwa:

1- Insurance is prohibited in Islam as long as it is not mandated by the country you live in.

2- Life insurance is not halal and if you feel you need it, please reach out to your local imam to discuss this on a case by case basis.


Sheikh Navaid Aziz answers your question in this video:

Almighty Allah knows best.

Source: FaithIQ Channel

About Sheikh Navaid Aziz
Sheikh Navaid Aziz is a Canadian Muslim public figure with a diverse academic and social background. He is currently focused on the education and integration of Muslim youth, with the hopes of eradicating radicalization.He was raised in Montreal, Quebec where he completed a diplome d’etudes collegiales (D.E.C.) in commerce and Social Sciences from Champlain College before heading to the Islamic University of Madinah where he completed an Associates Degree in Arabic Language and Literature and Bachelors in Islamic Law. In 2012, Navaid moved to Calgary, Alberta to become the Director of Religious and Social Services for the Islamic Information Society of Calgary, a position he currently holds.