Wednesday, August 30, 2006

Fatwa: Muslims can't insure

Mutual of Allah.....

The Darul Ifta of Deoband, the body authorised to issue fatwas, issued a fatwa saying that interest earned on bank deposits as well as insurance of life is illegal as per the Shariat, the supreme law for Muslims. And that Muslims should not go in for insurance or assurance of life which has been given to them by Allah.

Hmmmm, appears the Darul Ifta needs a bit of help understanding the difference between "insurance" and "assurance"

h/t Apollo

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