Question
Are there any kinds of Shariah-compliant insurance available?
Answer
There is no Shariah-compliant insurance. The insurance called 'Takafol' which is marketed as shariah-compliant is almost the same as conventional insurance. It too is haraam.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 21 No 04
- PDF page
- 3
Appears under Questions and Answers (approximate).