After banks fatwa, Muslim seminary denounces insurance

Insurance policy is unlawful as it is based on interest and gambling, holds Dar Ulloom

PTI | May 14, 2010



After its fatwa that working in banks is un-Islamic, the Darul Uloom Deoband has now declared that opting for an insurance policy too went against the tenets of Islam.

The "insurance policy is unlawful as it is based on interest and gambling," claimed the fatwa issued by the country's largest Islamic seminary.

The edict issued by Darul Ifta department of Darul Uloom seminary was in response to a query whether it is lawful to take an insurance policy in the light of the Sharia.

Millions of Muslims in India opt for insurance policies which is a contract that pledges payment of an amount to a person assured or his nominee against losses or perils.

"The clerics who issue fatwas should also explain the context in which it is being issued to avoid any confusion," Maulana Afroz Mujtaba, a Delhi-based cleric, said.

Meanwhile, leading Islamic body Jamiat Ulema-e-Hind's spokesman Abdul Hameed Nomani said that fatwas should not be generalised and they should be seen in the context in which they have been issued.

"People must read between the lines and not generalise the fatwas," Nomani said.

Earlier, Darul Uloom had declared the job of writing and calculating interest based work in banks and insurance companies as unlawful. The fatwa was in response to whether Muslims can do job in bank or insurance company.

The recent fatwas have drawn flak from many clerics and progressive leaders.

The seminary had also decreed that it was illegal according to the Sharia or Islamic law for a woman to work and for a family to accept a woman's earnings.

However, clerics at the largest Sunni Muslim seminary said the decree was based on the fact that the Sharia prohibited proximity of men and women in the workplace.

Comments

 

Other News

Manch vs Musk: Forty people and a foreign billionaire

About forty people walked the roundabout on Teen Murti Marg to the gate of Chanakyapuri police station, a distance you could cover in under a minute, on Friday to protest against Elon Musk’s Starlink. The walk was called by the Swadeshi Jagaran Manch. Nobody joined them on the way, and nobody seeme

Master sculptor recalls the making of the Shankaracharya statue

The Golden Chisel: The Story Behind the Making of Ram Lalla  By Seethalakshmi S. and Rahul Nandan Rupa Publications, 168 pages, Rs 395  

Mumbai’s missing affordable homes

Mumbai’s real estate market keeps growing, yet homeownership remains out of reach for much of its population. Three experts – urban researcher Hussain Indorewala, urban planner Vidyadhar Phatak and developer Kamlesh Thakur of NAREDCO Maharashtra, agree that simply constructing more apartments

Rubio denies US foreknowledge of Starlink restrictions in Ukraine

US secretary of state Marco Rubio has said he was unfamiliar with the Wall Street Journal report suggesting Elon Musk had decided to throttle Starlink services in Ukraine, but rejected claims that Washington had ordered the restrictions to pressure Kyiv.   “There was no

Can AI change India’s breast cancer story?

Breast cancer has become a public-health challenge in India. The greatest opportunity is to find cancers earlier. Artificial intelligence (AI) is opening a new era in breast cancer detection. AI systems can analyse mammograms and other breast-imaging studies, identify subtle abnormalities and assist radi

Farm stability in the time of climate change

Indian agriculture is experiencing significant climate volatility, while the world economy seems to be in a highly volatile situation. Economic indices from various countries show that they need to recalibrate their strategies to withstand economic headwinds. In such a challenging situation, a country li

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter