Kamis, 23 April 2009

What is the ruling on the insurance, whether life or property?

Life insurance and property can not be forbidden, because it involves gharar, usury, had been deprived of God - the Almighty - All transactions and usury transactions where Gharar the mercy of the nation and to protect them than it would harm her, he said Allah - Almighty -: (Allah has made lawful, and denied the sale and usury). Access to the Messenger of Allah, may Allah bless him and grant him salvation, it forbade the sale of gharar, and reconcile with God.

Answered by Allama Ibn Baaz, the Almighty God's mercy

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