Discovery medical aid scheme

· 2 Jumada II 1444 AH1 min readEnglish
Business and DealingsInterest and GamblingInsurance and Medical aid

Question

Discovery have come out with a “shariah” compliant medical aid scheme.

Is this permissible?

Answer

Since this Discovery medical aid scheme is based on the Takaaful insurance model, and the Takaaful insurance model is no different to conventional insurance as the elements of gambling and riba (interest) are found in them, this medical aid scheme is also not permissible.

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

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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