Is Travel Insurance Halal Islam Q&A at Traveling

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Is Travel Insurance Halal Islam Q&A. Conventional insurance is haram in islam. But if it is not compulsory then it is not permissible to buy it, so long as it is a type of commercial insurance, because it is a kind of gambling which is forbidden.’ there is a form of insurance that claims to be halal;

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Comparing the benefits of health insurance policy to gambling, key islamic organisations have termed the policies as illegal and directed muslims to keep away from them. Many modern financial institutions’ insurance products are likely to be considered haram by traditional islamic scholars. It is known as takaful.

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It is known as takaful. For instance, you may not sell things like alcohol or cigarettes through the network system. The answer is no, it is considered haraam. But if it is not compulsory then it is not permissible to buy it, so long as it is a type of commercial insurance, because it is a kind of gambling which is forbidden.’ there is a form of insurance that claims to be halal;