FatwaPerakTransactions & Finance
Hukum Mempromosikan Produk Insurans Konvensional Menurut Perspektif Syariah
Is a Muslim permitted to promote conventional insurance products?
Short answer
The Perak State Fatwa Committee adopted the decision of the 215th MKI Muzakarah as a legal guidance (irsyad hukum).
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perak State Mufti Department
- Status
- Fatwa committee decision
- Series
- Fatwa Yang Tidak Diwartakan
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Perak State Fatwa Committee adopted the decision of the 215th MKI Muzakarah as a legal guidance (irsyad hukum). Muslims are prohibited from promoting conventional insurance products that are clearly based on a riba system. Income or commission received during the transition from the conventional system to takaful is pardoned.
Written in our own words from the original fatwa — check the source before acting on it.
muzakarah memutuskan bahawa orang Islam adalah dilarang mempromosikan produk insurans konvensional yang jelas berasaskan sistem riba.
Read the full fatwa on the Perak website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perak State Mufti Department. “Hukum Mempromosikan Produk Insurans Konvensional Menurut Perspektif Syariah”, date not stated. https://mufti.perak.gov.my/images/Fatwa%20tidak%20warta/3.HUKUM%20MEMPROMOSIKAN%20PRODUK%20INSURANS%20KONVENSIONAL%20MENURUT%20PERSPEKTIF%20SYARIAH.pdf. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/promoting-conventional-insurance-products-ruling/