Takaaful

Q:

1. Is takaaful valid in Islam?

2. Hospital plan for affordable childbirth; is this permissible in Islam?

A:

1. After studying takaaful carefully we do not find any difference between takaaful and the insurance systems that are in vogue.

2. No.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)