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Can I Invest in a Life Insurance?

Answered by Ustadh Salman Younas Question: Is it permitted to invest in life Insurance? What if the Insurance company says it doesn’t lend money to banks to give others as loans? The Insurance company says they invest in real estate land properties only, and do not invest on any buildings which promote gambling or liquor […]

Are Conventional Insurances Really Impermissible?

Answered by Ustadh Salman Younas Question: As far as I know, conventional insurances are impermissible and hence common things like home, life, car, medical, and travel insurance are all impermissible. But Shaykh Mustafa Zarqaa states that all insurance is halal. Are conventional insurances really impermissible? Answer: assalamu `alaykum The default legal ruling of conventional insurance […]