Insurance in Islam: Is it Halal or Haram ?

[Atomic Runner]

Because I'm only interested in 1 Year Protection Policy which charges is 1560/-per year and they give 2 benefits 1. 20k for medication+Health and second is 5 lakh in case of my death to my family...if I avail this protection with Insurance Policy which they use my money for investment, So is this right ?

If the investment is in business and profit is earning from the business then it is not only ok but also necessary for all Muslims, because in all the world people are getting advantages from this economics invention. It is our big bad luck that our uneducated Maolana sahib give Fatwaz against it without any explaination.


Plz Give me right answer dont crap this thread plz

 

[Shyber]

I'm sorry that I have to close this thread, but such matters are best not discussed on PG or forums without proper moderation with credible source info backing.
I'd advice you to consult your favorite Mufti/Aalim on the matter, the one who holds credibility in your own opinion.

Questioning on a public forum will NOT get you a straight answer and might serve as root for various pointless arguments.
Hope you understand.