The Majlis Archive
Finance - Banking - Business The Majlis Vol 25 No 03, p.5

Is it permissible to take out life insurance just in order to cover the exorbitant death duty, with the remainder and excess to be given away in chari

Question

Is it permissible to take out life insurance just in order to cover the exorbitant death duty, with the remainder and excess to be given away in charity and not utilized by the heirs?

Answer

In our opinion life insurance is not permissible even if the intention is to save on the haraam exorbitant death duty. However, on this issue we are not dogmatic. You may refer to some other Ulama on this issue. Perhaps you will gain a contrary opinion which you may accept. But ensure that the Aalim to whom you refer is a follower of the Sunnah and not a liberal crank.

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The Majlis Vol 25 No 03
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Appears under THE BASELESS ‘LOGIC’ OF THE TABLIGH JAMAAT. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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