2.16 Ribawi Transactions, Part 3 - Is Insurance Halal?
Play • 29 min

In this episode, we talk about some arguments that are usually put forward in order to claim that conventional insurance is halal or permissible. We also highlight how in principle conventional insurance differs from Takaful or Islamic version of 'insurance'.

Topic: insurance, riba, interest, usury, contracts, risk, uncertainty, gharar, takaful

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