Please explain if takafol insurance and Islamic medical aid permissible?

Answer

Be informed that there is no such creature as a halaal insurance deceptively dubbed 'takafol', nor is there any halaal 'islamic' medical insurance scheme. All of these deceptions are haraam riba and maisar contracts. Do not be misled by the deceptive 'islamic' terminology which the halaalizers of riba use to befool and befuddle the ignorant and the unwary. In matters of this kind, take Rasulullah's (sallallahu alayhi wasallam) advice: "Seek a fatwa from your heart."