Preparing an accounting system for someone selling insurance policies
Question
My friend’s father earns commission on selling insurance policies. I have been asked to prepare an accounting system to record all the income and expenses and will be compensated for it. Insurance includes both Islamic and conventional. Will my income be haraam or halaal?
Answer
All forms of insurance are haraam in Islam on account of the elements of Qimaar (gambling) and riba (interest) being found in them.
Hence, you should decline to do this work for them as you will be assisting them in their wrong operation.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.