Is it halal or haram to use money received from insurance?
Is insurance halal or haram?
Shikkha Web Bot·July 1, 2023· 5,446 views· 1 Answer
1 Answer
All Islamic scholars agree on this matter that since insurance pays interest, the profit derived from it — that is, the interest money — will be haram. However, since the saved money is one's own, receiving it will be halal.
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