Is Life Insurance Halal? – Dr Zakir Naik

Camels are a living product for humans, you must store non living products in a jar. Human life is not any kind of product.

Is final expense insurance haram?

Your point is great, brother! Not 💯% accurate. When we deposit our money into banks. That's what they're doing with our money, brother. For example, there's a life insurance policy called an. Index Universal Life insurance policy. It's attached to the market. You win with the gains of the stock market, and you lose no money when the market isn't doing so well. You're protected by floor protection. This is how the wealthy are building generational wealth. You become your own bank. You can't ever be taxed on your earnings, even if you need to withdraw your money. My wife and I've two decades of experience in the financial industry. We honor the Islamic culture and community. Hamdulillah Respectfully C.O.O Mr.Fraser

The Word " Life insurance " is not Legal in Islam. as far as you go… Only Allah is the owner of the life, and its risk, and dead.

Mashaa allah.

Sir love u from Pakistan

kafir kafir kafir

Sir ❤❤ from Bangladesh ❤️❤️❤️

So if you work for a company and they give you your salary from their interest earned money then your salary becomes haram? That’s what he says for insurance companies. It is completely irrelevant, it doesn’t matter where they get the money, what matters is what you do is haram or not to get the money.

Love from Bangladesh 🇧🇩

Sir you are great i am muhammad rizwan from pakistan

2. 𝔸𝕍𝕆𝕀𝔻𝕀ℕ𝔾 ℍ𝔸ℝ𝔸𝕄 : In ur employment, refrain from doing, supporting & promoting 𝒉𝒂𝒓𝒂𝒎 & 𝒖𝒏𝒆𝒕𝒉𝒊𝒄𝒂𝒍 practices such as idolatry (worship of something other than God Almighty),murder, practicing magic & visiting/believing astrologers/ "fortune tellers" who get an income from 'their predictions', promiscuity& indecency, taking& paying interest (riba), bribery, lying/ deception, oppression, alcohol/intoxicants(incl. illegal drugs), gambling/games of chance, slandering innocent people, stealing/ manipulation/cheating 2 get money/assets/advantages, false advertising, breaking promises/breaching trusts, spying & eavesdropping🕵️‍♂️, spreading harmful tales (gossip)🗣️, permitting forbidden things, eating carrion/blood/pork, preaching error❌, harming the innocent, extortion, usurping property/wealth. There may be more than these, so exercise discretion & seek guidance from knowledgeable individuals, scholars/ trusted sources 2 clarify any uncertainties u may have.📚📖 . Words of guidance & wisdom (in the Quran & Sunnah) are 4 our protection & 4 that of our families💖💕 & following them are 2 our benefit.🌷🌸 Individuals make mistakes here & there, hopefully repent & return, but spreading bad behavior 2 others is always 𝒎𝒐𝒓𝒆 𝒔𝒆𝒓𝒊𝒐𝒖𝒔 𝒊𝒏 𝒑𝒖𝒏𝒊𝒔𝒉𝒎𝒆𝒏𝒕‼️ So please take extra care of the way ur personal behavior may be influencing those around u. 🫶💖
3. ℝ𝔼𝕊𝔼𝔸ℝℂℍ 𝔸ℕ𝔻 𝕀ℕ𝕍𝔼𝕊𝕋𝕀𝔾𝔸𝕋𝕀𝕆ℕ: Before accepting an opportunity/ income, investigate the source of the income. For example, cryptocurrency – where does this money come from since participants in cryptocurrency don't need 2 disclose the origins of their funds/identities-some of it may be drug-trafficking money😔 2 name just 1 example& I don't think illegal drug selling & drug addiction problems in the world is really something you want 2 support/ be accounted 4 in the Hereafter🫣. Different platforms may have their own pitfalls such as the different social medias, entertainment platforms, insurance/ investment options, scholarships, interest-based loans, speculative trading, online businesses, advertising, gaming & even charities. So it is crucial 2 seek knowledge& understanding of divinely given principles along with scholarly research into these different platforms before u accept any earnings/offers. Seek guidance from trustworthy scholars/mentors/ individuals experienced in these areas & don't be afraid 2 get a 2nd opinion from another knowledgeable scholar/mentor/individual if something still feels wrong/unclear. Finally if matters are 2 doubtful we generally believe it better 2 avoid them.⛔🚫
4. 𝔹𝔼 𝔸𝕎𝔸ℝ𝔼 𝕆𝔽 𝕋ℍ𝔼 𝕋ℝ𝔸ℙ𝕊
🔹BIG TRAP = DISHONESTY
It is better 2 be honest! If lying/deception/cheating/ stealing(incl. copying & pasting)/false advertising/ manipulation is getting u more money/opportunities/benefits, it can also get u into more trouble/regret/ heartache/misery in the future‼️It's better 2 choose honesty & integrity in the different aspects of life. 💓🌹✨
🔸BIG TRAP = DEBT 💸
Desperate people may do desperate things. Avoid spending money foolishly/ recklessly. Live within your means & stay as far away as u possibly can from getting into debts& compromising situations. Managing ur finances wisely is crucial 4 long-term stability & peace of mind. 🌷🌸
5. 𝔻𝕆ℕ'𝕋 𝔽𝕆ℝ𝔾𝔼𝕋 ℂℍ𝔸ℝ𝕀𝕋𝕐
If ur income in a year is above the Nisab value (87.48 grams of gold),u must pay charity on it, at least 2.5% of your income, but u can give more if u want. This amount should be given 2 the needy people & isn't 4 ur immediate family. Spending money on ur family is an even more beloved & rewarded kind of charity😍🥰 however, this kind of charity of (+/-)2.5% is ur community obligation & should be paid if u have above the Nisab amount 👆. People who are in debts that lower their wealth 2 below the Nisab value aren't required to pay this. Paying ur zakat purifies ur earnings more, but Zakat on 𝒉𝒂𝒓𝒂𝒎 earnings isn't accepted= Zakat isn't due on 𝒉𝒂𝒓𝒂𝒎 wealth, and isn't valid becoz it doesn't belong to the one who is in whose possession it is

We always appreciate your help Dr Zakir Naik and team in understanding the halal and haram of things and we hope you don't become tired from sharing with us about all these many platforms and their respective loopholes. We truly appreciate 🙏

Urdu 🎯

Love you zakir SB. Allah apko bht lambi umar de ameen

For your kind information, Saudi Central Bank has cash rate or repo rate 🤣

thanks

Laa ilaha il Allah

How can we know it

According to my understanding, Insurance companies may or may not have haram source of income and it is owner who is responsible for that. Insurance itself may not haram. For example, I have car insurance. I am not taking any ribha. Besides, It is not same as gamble because, in case of accdent, I am asured to get that financial help.

Metlife Insurance is halal or haram?