FatwaNationalTransactions & Finance
Status Pampasan Polisi Insurans Konvensional Selepas Kematian Pembeli Polisi
What is the status of conventional insurance compensation received by heirs after the policyholder dies?
Short answer
The Muzakarah ruled that conventional insurance is not Shariah-compliant, so the compensation received by heirs is treated as non-Shariah-compliant wealth.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- National Fatwa Committee (JAKIM)
- Date
- Status
- Fatwa committee decision
- Series
- Kompilasi Pandangan Hukum Muzakarah Jawatankuasa Fatwa MKI (JAKIM, terbitan 2016)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Muzakarah ruled that conventional insurance is not Shariah-compliant, so the compensation received by heirs is treated as non-Shariah-compliant wealth. Only the principal amount the policyholder paid during their lifetime counts as part of the estate to be distributed under faraid. The remaining compensation cannot be inherited and must be disposed of by giving it to the state Baitulmal or donating it to charitable causes, including the poor and needy. If the heirs are themselves poor and needy, they may take only the amount required for their needs after verification by the authorities or the local mosque committee, and the rest is disposed of in the same way.
Written in our own words from the original fatwa — check the source before acting on it.
Dalam hal ini, jumlah bayaran pokok pembeli polisi ketika hayat sahaja dikategorikan sebagai harta peninggalan si mati yang perlu diagihkan secara sistem faraid.
Read the full fatwa on the National website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
National Fatwa Committee (JAKIM). “Status Pampasan Polisi Insurans Konvensional Selepas Kematian Pembeli Polisi”, 22 April 2011. https://www.islam.gov.my/images/ePenerbitan/KOMPILASI_MUZAKARAH_MKI_2016.pdf#status-pampasan-polisi-insurans-konvensional-selepas-kematian-pembeli-polisi. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/conventional-insurance-compensation-after-policyholder-death/