FatwaFederal TerritoriesInheritance, Wills & Gifts
Fatwa Berkenaan Penentuan Berkenaan Wang Insuran Sebagai Harta Pusaka
Can insurance money be treated as part of a deceased person's estate?
Short answer
The Federal Territories Syariah Consultative Committee ruled that general insurance offered by insurance companies in Malaysia is permissible for Muslims to purchase, and its proceeds may form part of the estate if the policyholder dies.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Wilayah Persekutuan (e-Fatwa)
- Topic
- Inheritance, Wills & Gifts
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Federal Territories Syariah Consultative Committee ruled that general insurance offered by insurance companies in Malaysia is permissible for Muslims to purchase, and its proceeds may form part of the estate if the policyholder dies. Life insurance is ruled haram because it contains gharar, elements of gambling and riba. Money from life insurance therefore cannot be treated as part of the estate.
Written in our own words from the original fatwa — check the source before acting on it.
Insuran nyawa adalah haram hukumnya kerana muamalatnya yang tidak sesuai dengan prinsip-prinsip Islam iaitu mengandungi gharar, unsur judi dan juga riba.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “Fatwa Berkenaan Penentuan Berkenaan Wang Insuran Sebagai Harta Pusaka”, date not stated. https://efatwa.muftiwp.gov.my/fatwa/FATWA%20BERKENAAN%20PENENTUAN%20BERKENAAN%20WANG%20INSURAN%20SEBAGAI%20HARTA%20PUSAKA. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/insurance-money-as-inheritance-estate/