Income of an insurance agent

· 7 Rabiʻ I 1438 AH1 min readEnglish
Business and DealingsIjaarahPermissible and Impermissible employmentemploymentincomeinsurance

Question

My husband works as an insurance agent. If he invests his earnings in a business or buys a house to give on rent. Then is the profit acquired from such business or the rent got from the house going to be halaal for us. If not then why, because we are all depending on him? Please answer in the light of Quran and Hadith.

Answer

It is obvious that the income is not right. Try your best to look for some alternate halaal alternative. In the meanwhile you could request him to buy the necessary requirements on account. If he does not have any halaal money to settle his accounts he may settle it with the wealth he has.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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