Is Insurance Halaal in Islaam?

Conventional insurance, medical aid schemes and hospital plans are not permissible according to
Shari’ah since they contain the inherent elements of Qimar (gambling) and Gharar (future uncertainty) which
have been expressly prohibited in the Shari’ah.

Reference Links –$$Interest%20Income_Fatwas.pdf

By Vaseem Ansari

I’m Vaseem, a Software Engineer by Profession, a Traveler, a Foodie by Heart and the founder of I started traveling from college days and it has become a part of me now. So when ever I happen to get a chance I pack my bag and am on the roads. You can follow me on these social networks Facebook, Twitter, Google+ and Linkedin.

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