Hello & Welcome Back to the sabsekho 

So today we will talk about What is Insurance according to Islam its Right or Not?

What is Insurance according to Islam its Right or Not?
What is Insurance according to Islam its Right or Not?

What is the point of view? And whether you can get your Insurance done or not. Because we get a lot of people from different insurance companies

People tell us to insure your future is safe It will be bright. So many people insure

Now there are some different types of Insurance Health Insurance / Travel Insurance / Education Insurance / Agriculture Insurance

Now I will give you an example to understand Insurance. And what is its point of view in Islam?

What is Insurance according to Islam its Right or Not?
What is Insurance according to Islam its Right or Not?


You will become clear from this example.

There is a servant who has been insuring agriculture for 10 months. That servant Doing business in agriculture, he has his own land, now he has ten

He has done his Insurance for a month. Now this servant pays Rs If it takes 10 months to pay the Insurance then the total amount is Rs. 50,000.

And if within those 10 months his crop is destroyed or his business suffers any further loss, a natural disaster strikes. So if he loses something like this, then he has to pay Rs. 500000 to the company.

To cover his loss and if there is no loss then in the 10 months of which he had taken insurance.

What is Insurance according to Islam its Right or Not?
What is Insurance according to Islam its Right or Not?

Then he will not get back the money that he had deposited in the company. So this is the way Islam does not like him.

In the same way, the same principle applies to the other types of Insurance. If there is a loss of either the loss of the company or the loss of the servant who has done insurrection.

Now Islam does not accept this method. And this is called interest

For example, a servant borrows some money from another servant. Now the lender says, I will give but I have a condition that if I lend you 100 rupees you will have to repay me 110 rupees.

What is Insurance according to Islam its Right or Not?
What is Insurance according to Islam its Right or Not?


If it is above Rs. 10 then it will be interest. But in our religion of Islam it is not allowed. If you pay Rs.

If you have lent, then it is right to take it back. So in the business of insurances, there is an element of interest in it and another element of interest, which is not entirely correct. Not at all.


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