1 Islamic articles on: Islam and Life Insurance

Table of contents for the topic Islam and Life Insurance
  1. Is life insurance permissible in Islam?

IslamQA: Is life insurance permissible in Islam?

Is getting life insurance permissible?

If the insurance is provided by a for-profit company then it is prohibited, because they are making money through a procedure that amounts to gambling/betting. But if the insurance is provided by a non-profit where people’s money is pooled to support members who die, then that is permitted provided that the company’s methods have been reviewed and approved by scholars.