What about hundreds of things scholars have different opinions about, even authenticity of Hadith, are you just gonna leave those or research and pursue the truth. Simply saying 'leave it's is easy but not practical at all.
@@me_so_mad5842 that is a hadith from the prophet that ur arguing with. Also riba is a major sin, there are no opinions in it, insurance is riba and so is mortgage. watch a video from yassir qadhi he explains well why insurance is haram with strong arguments.
Dr Shabir Ali is INCORRECT in his opinion with regards to commercial insurance within the Islamic Sharee'ah. Commercial insurance which is offered by most insurance companies is HARAAM contract, whether it is insurance covering one's life or possessions or anything else. The fact that it is haraam is indicated by a number of texts and shar’i principles, such as: Insurance is a transaction that involves ambiguity, and transactions that involve ambiguity are forbidden according to sharee’ah. Muslim (1513) narrated from Abu Hurayrah (may Allaah be pleased with him) that the Prophet (peace and blessings of Allaah be upon him) forbade gharar (ambiguous) transactions. Gharar in Arabic means a risk which is not certain; it may happen or not, such as selling fish in the water or birds in the air, because the purchaser may or may not get it. Al-Azhari said: Gharar transactions include any transactions in which something is not known. Al-Khattaabi (may Allah be please with him) said: The root meaning of the word gharar (ambiguity) is that which is wrapped up and concealed from you. Any transaction which is based on ambiguity or on inability to achieve something is gharar. There are many kinds of ambiguity, which all involve not knowing exactly what the transaction involves. Al-Nawawi (may Allah be please with him said: With regard to the prohibition on ambiguous transactions, this is a very important principle with regard to commercial transactions, and includes many issues, such as selling things that are not present or are unknown, and so on. All of these are invalid transactions because there is ambiguity with no reason for that. Some kinds of ambiguity may be tolerated when engaging in a transaction if there was a reason for it, such as not knowing about the foundations of the house; this transaction is still valid because the foundations belong to what can be seen of the house, and because there is a reason for this, as it is not possible to see the foundations. They are unanimously agreed that it is invalid to sell foetuses that are in utero and birds in the air. The scholars said: The reason for it being invalid is because of ambiguity. The scholars are agreed that a great deal of ambiguity is not permissible, but a little of it may be overlooked. They differed as to what constitutes a little or a great deal. al-Nawawi said something similar in Sharh Muslim. Insurance policies are among the contracts that involve a great deal of ambiguity; even lawmakers themselves have affirmed that insurance contracts are based on probabilities, which means ambiguous, because neither the insurer nor the insured can know at the time of entering into the contract what he will give or take. The person who takes out insurance may pay one instalment, then an accident may happen and the insurer is obliged to give what he agreed to give to him, or perhaps nothing will happen at all, so he will pay all the instalments and not take anything. 2. Insurance contracts are a kind of gambling Gambling is haraam, as it was forbidden by Allah, when He said (interpretation of the meaning): “Intoxicants (all kinds of alcoholic drinks), and gambling, and Al‑Ansaab (stone altars for sacrifices to idols etc), and Al‑Azlaam (arrows for seeking luck or decision) are an abomination of Shaytaan’s (Satan’s) handiwork. So avoid (strictly all) that (abomination) in order that you may be successful” [al-Maa’idah 5:90 يَا أَيُّهَا الَّذِينَ آمَنُوا إِنَّمَا الْخَمْرُ وَالْمَيْسِرُ وَالْأَنصَابُ وَالْأَزْلَامُ رِجْسٌ مِّنْ عَمَلِ الشَّيْطَانِ فَاجْتَنِبُوهُ لَعَلَّكُمْ تُفْلِحُونَ 5:90 What is meant by gambling is when a person pays something of his own money and takes a risk: either he will gain more than it or he will lose the money that he paid. Insurance is a transaction that is connected to a risk that may or may not happen, so it is, in effect, gambling, because the person who takes out insurance is taking the risk by paying the premium. Either he will take more than it or he will lose it if the risk against which he is insured does not happen. The person who is insured may pay twenty and take one thousand, or he may pay one thousand and take one thousand, or he may pay one thousand and not take anything if the risk against which he was insured does not happen. 3. Insurance involves riba al-nasee’ah and riba al-fadl, in the event that compensation is paid Muslim (1587) narrated that ‘Ubaadah ibn al-Saamit (may Allah be pleased with him) said: The Messenger of Allaah (blessings and peace of Allah be upon him) said: “Gold for gold, silver for silver, wheat for wheat, barley for barley, dates for dates, salt for salt, like for like, same for same, hand to hand. But if these commodities differ, then sell as you like, as long as it is hand to hand.” This hadeeth indicates that if a person sells gold for gold, it must be equal amounts and the exchange completed in the same sitting. Currency comes under the same ruling as gold and silver in this regard. It is not permissible to exchange one currency for another unless the exchange is completed in the same sitting. If the currency is all the same, then it must be like for like and the exchange should be completed, just as if gold were being exchanged for gold. 4. Insurance is consuming people's wealth unlawfully Consuming people's wealth unlawfully is haraam. Allah says (interpretation of the meaning): “O you who believe! Eat not up your property among yourselves unjustly except it be a trade amongst you, by mutual consent” [al-Nisa’ 4:29]. What is invalid is every way which is not permitted by sharee’ah, and which involves stealing, betrayal, robbery, gambling, riba-based contracts and corrupt transactions. This was stated by Abu Hayyaan in his commentary on this verse. What is meant by insurance involving consuming people's wealth unlawfully is if the money paid by the insurance to the person who is insured is more than he paid -- such as if the risk occurs after paying just one instalment -- then on what basis is he entitled to this money? And if the risk does not occur, then on what basis is the insurance company entitled to the payments made by the person who was insured without anything in return? Statistics by a German expert have proven that the ratio of payments made by insurance companies in compensation to individuals is equivalent to no more than 2.9% of the total amount of payments made. On what basis is the insurance company entitled this money, and in return for what? 5. Insurance contracts make obligatory things that are not obligatory according to sharee’ah Insurance contracts oblige the insurance company to pay compensation, if the risk against which insurance was taken happens. On what basis is this made binding? The insurance company did not cause the danger or make it happen; it did not commit any acts of aggression or shortcoming, so how can it be forced to pay compensation for something for which it is not liable according to sharee’ah? 6. Insurance harms both individuals and society In addition to what is mentioned above, insurance is not free of other harmful effects, among the most important of which are the following: Taking things lightly: it makes the people insured careless about protecting their property against calamity; they may even go further than that and cause accidents or make accidents worse. This causes a great deal of harm to individuals. For example, some drivers whose lives and cars are insured may become careless and not pay heed to traffic laws and regulations, which exposes individuals to harm caused by accidents and car crashes. Each one of these reasons is sufficient to indicate that commercial insurance is haraam and that insurance contracts are invalid contracts which are not permitted by sharee’ah, and that it comes under the heading of consuming people's wealth unlawfully. So how about when all these reasons are combined? Hence the majority of contemporary scholars have ruled that all forms of commercial insurance are haraam. Statements have been issued by the Council of Senior Scholars in the Land of the Two Holy Sanctuaries and by the Islamic Fiqh Councils in Jeddah and Makkah, that commercial insurance is haraam according to consensus, and not one member of the Council disagreed. So, please disregard Dr Shabir's opinion as expressed in this video about insurance. And Allah the Almighty knows best.
Absolutely incorrect. Shabir is speaking of insurance with no ambiguity. Shariah compliant insurance schemes are a dime a dozen. The difference from conventional insurance would be that one is transfer of risk, and the other a sharing of a risk which is completely halal. So when one says Insurance is haraam, he is just unaware of the whole picture.
Insurance (both conventional and takaful) reduce uncertainty, so it is a good thing. The objection to gharar by scholars (the term is not found in the quran) is because it increases uncertainty and risk. These scholars need to take a basic course in risk management. Your reference to the Muslim 1587 hadith is completely irrelevant and has nothing do do with insurance.
@@disndat6271 Actually conventional insurance and takaful use risk pooling. There is no difference between a conventional mutual insurance company owned by the insured policyholders and a takaful. I do not agree with your distinction regarding risk transfer and risk sharing. If you do not make a donation to the takaful, you do not get insurance coverage. It is really a (hidden) risk transfer contract just like conventional insurance.
🎉Thank you Brother. 😮😢 What person wants to die & leave their spouse destitute?! People won’t take care of them. Don’t leave your spouse & kids to the mercy of people!!! An aged spouse or disabled child can’t fully provide for themselves. It would be heartless to hurt your family like that.
Salaam. There are two types of life Insurances. One i suppose you may call it a gamble, it is called term & it expires within 10 15 25 or years. If you don’t not pass within that time frame you do lose your cash value. I can understand this being a gamble. But how is whole life considered a gamble ? Either you live long enough and you can take your retirement savings account out tax free, or you can hold it until you eventually pass, and the death benefit is passed to your family. How is that haram ?
The same way the money grows in insurance is the same as it growns inside of any other accounts such as 401ks. The only differences are your money is guaranteed you don’t lose the gains of the market, and your money is yours tax free. How is that bad ?
I see shiekh is confused on basic understanding. No scholar misunderstood on ensuring death, scholars also didn't disagree on having life insurance. But what scholar argued, the system needed to be run states. Most of all its not the insurance, its the problem of getting money from the insurance which is mostly invested on interest. Also, the money someone putting has no return if he doesn't need it, also doesn't get any benefit in terms of profit sharing. What a misunderstood explanation. I am equally surprised by his mortgage understanding. I am not a scholar by any means, but I see huge fault in shikh's understanding. Its not term or its not the name what you give to a certain thing, its the essence of procedures. It's not like you can drink alcohol just give it a name. May Allah protect us from misguidance, surely sign of last days.
I have a hadith for you. Anas ibn Malik reported: A man said, “O Messenger of Allah, should I tie my camel and trust in Allah, or should I leave her untied and trust in Allah?” The Prophet, peace and blessings be upon him, said, “Tie her and trust in Allah.” Source: Sunan al-Tirmidhī 2517 Grade: Hasan (fair) according to Al-Albani عن أنس بن مالك قَالَ رَجُلٌ يَا رَسُولَ اللَّهِ أَعْقِلُهَا وَأَتَوَكَّلُ أَوْ أُطْلِقُهَا وَأَتَوَكَّلُ قَالَ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ اعْقِلْهَا وَتَوَكَّلْ 2517 سنن الترمذي كتاب صفة القيامة والرقائق والورع 2517 المحدث الألباني خلاصة حكم المحدث حسن في صحيح الترمذي
It is unbelievable from a speaker who know that much Bible as a solder of Islam to talk with Christian and speak on a major sin of Islam lightly with no detail.
With all due respect to the speaker, and I admire him a lot and benefit from him, I'm not sure if he's got the necessary qualifications or authority to speak on such financial matters. What fiqh/shariah qualifications or authority does the speaker have? This type of matter is best left to fuqaha (legal experts) not theologians or callers to Islam.
Those are commenting against what dr Shabbir has just said please find out for yourself! Life insurance and mortgages are NOT haram! Most scholars do not understand the concept of riba, likewise they have not understood or have quoted hadeeth that is completely weak with no proper chain. This is very common in the hanafi school of thought where many ahadith are extremely weak
People are so desperate to ensure everything in this life that they are giving up on pure Islam and its teachings. Looks like you guys are prepared to benefit from your death which is inevitable. unbelievable.
what if i told u im the keeper of the box and i will give u the money of the box if u need it and in the mean time i will provide security of the box in exchange I'll use it to take interest from other people and use it to make the rich richer and make the poor poorer..
What Haram?it is not harm prophet Muhammad and his sahaba if they were living in our time they will get their mortgages please don't live on past it's 2018 wake up.
So Muslims can't take out FHA and SBA loans.... In America you will be living in poverty...or be a taxi driver or working at 7/11. What about student loans?....
im not playing when the judge grant me the money for family .ali muslim almusawi had life insurance too the family money is gone with ruth ann c johnson
the judge grant me the money for family and now she went to Paris to get rich with ali family money I contact all life insurance to let them know stop stop messing with my money she getting life sentence for stealing from ali muslim almusawi and my life insurance
This a very hard to topic to (really) understand for muslim scholars.When it comes to money we all deceive people to make more money.That is the basic rule of this World unfortunately.Therefore every transaction is haram,your believe in Allah and your perform regular salah with unselfishness heart creates righteousness, I believe.Allah wants to see the intensions of your heart in the end.
You generalize too much; thousands of people every day settle insurance claims with no problem, my bank does not deceive me with its reporting and my accounts. Fortunately this transparency is a result of strong consumer regulation and transparency requirements for lending and borrowing. Muslims would do better to support this rather than create a parallel confusing expensive system of Islamic finance.
Insuring one’s life and property is forbidden; it is not permissible due to the fact that Al-Gharar (Uncertainty, Risk or Speculation) and usury are involved therein. And Allah - the Almighty the All-Powerful - has forbidden all types of dealings that involver usury and dealings in which there is Al-Gharar (Uncertainty, Risk or Speculation), as a mercy for the (muslim) community and a protection for them for what is harmful to them. Allah - Most Glorified, Most High says: “where as Allah has permitted trading and forbidden riba” (usury). Al-Baqarah 2:275 And it has been authentically reported from the Messenger of Allah (sallAllaahu ‘alayhi wa sallam) that he forbade selling AL-Gharar. And Allah is the granter of success. Shaykh `Abdul-`Azeez Bin Baz Fatawa Islamiyah, volume 5 / page 19
Following your logic then, since insurance reduces uncertainty for the insured (compensates for risk of loss due to accident or fire), it should be halal!
I just want my muslim man to know I love him dearly that he the most beautiful person in the world and all life insurance will grant you back your money I have your back tan ali muslim almusawi she will run but all life insurance have her picture
I am sorry to say that this "so called scholar" like Mr Ally here, twisting the Allah's Holy Quran and explaining the words of Allah in a wrong way. I simply can not believe this. "Riba", whether you take it or give it- is Haram.
vachevyguy what is wrong with what was said? If you read the Quran in context you will not find any negativity in it. It is the word of God and there is no God but God and He cannot even be imagined.
