insurance

Q: What is the fatwa in detail regarding health insurance?

Q:

1. Insurance company mn kam krna kesa? Agr kisi k papa insurance company mn kam krty hain aur unko wahan pr company ki tarf se diaries mily hain aur phir unho ny apni aulad ko di to aulad ny gift k toor pr apny friends ko di to kia wo friends wo gift rakh len?

2. Agr aulad ny wo diaries pr notes bnaiy aur kisi dost ny us se wo notes mangey to kia dost un diaries pr bnay notes ko hasil krny k liay wo diaries friend se let kr istimal kr sakta ya nhi?

3. Kai log bht sakht jumly bolty hain kai dafa to aesa laghta k inhoon ny kufria jumma bakka hai aesy mn in se baat waghaira krna kesa? Un se salaam lena kesa? Un k liay dua krna kesa?

4. Kia aesy logo k muta'alliq ye husn e zan rakh sakty hain k inhoo ny ihtiyati toor pr tajdeed e Iman kr lia ho gha?

5. Cheenk ka jawab dena ka ussi waqt hai ya baad mn daay sakty hain?

6. Kabhi ye pta nhi chalta class mn k cheenk kis ki thi to kia kia jaai?

7. Kabhi cheenk his aai WO door hota aur class b ho rhi hoti hai aesy mn kia kia jaai?

Q: I am a mother of a 1 year old child. I want to do "educational insurance policy" for my son. Is subject policy allowed in Islam?

Q: I did an insurance policy in 2014 for 10 yrs, every year I need to pay a premium of 35k. Last year I got to know that it is haram and I wanted to get myself out of that. But If I opt out now, I will loose 80% of my money. Will I be getting sin for continuing that policy. Should I just stop paying the premium. What should be my approach in this matter.

Q: Please can I have advice on the following. I have an accounting/bookkeeping practice and as a result I have many clients that ask me for assistance on insurance, retirement annuity and pension funds as well as other long term investments. With regards to this I have also been approached by a financial institute that would like to provide my clients with the following services:

- Business and or personal insurance

- Retirement annuity and pension funds

- Long term investments (Shariah and Non Shariah compliant)

- Medical aid

- Other services that will fall within similar categories

As a result of me referring my clients to the financial institution I will earn a referral fee initially once the client has signed up and in some instances the fee will also be earned in annuity (on going). Is this referral fee that I will be earning halaal or haram on these products? Will it be permissible on certain products such as the medical aids and the long term investments? Please could evidence be provided from the Quran and or Hadith.

Q: Is insurance broker living halaal in North America? Should Muslims go to that Profession?

Q: We live in a dangerous area in Cape Town, lots of gangsterism, drugs, violence and we often have home break in. We earn below average income and can't afford to replace goods when stolen during break in. Is it permissible to have home insurance in this case?

Q: Is working in an insurance company in India haraam?

Q: There is a proposal for my sister. The guy works for State Farm Insurance. He is senior claims advisor in the total loss department. He works in the auto property damage department. Is his income halal? Should we say no. My sister doesn't like that his income is from insurance.