if I am NOT paying for life Insurance, is it permissable?
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Assalamualaikum. Most of us are familiar insurance is considered haram because of the presence of riba/interest. I've started working for US government and government employees are automatically given life insurance upon their hiring. There is nothing I paid or anything I need to pay into; it is free and government covers all the costs and I cannot opt out.
In this very specific scenario, would this be considered riba or not permissible?
Jazak'allah khairan
Asked by LegendofLegends
(111 rep)
Jan 1, 2020, 09:34 PM