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Answers: 12Rulings Insurance
Is Life Insurance Halal in Islam?
Life insurance or insurance of one’s possessions is haram in Islam because it involves deceit. For more, see the detailed answer.160,530Is Insurance Haram?
Commercial insurance is haram in Islam because it is a form of riba and it is based on gambling and uncertainty. It also consumes people’s wealth unjustly. Co-operative insurance is also haram in Islam. For more, see the detailed answer.276,206What can a person who has insurance take when disaster strikes?
14,461
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