Murawwaja Takaful aur Shari waqf By Maulana Ahmad Mumtaz

Murawwaja Takaful aur Shari waqf By Maulana Ahmad Mumtaz مروجہ تکافل اور شرعی وقف

Can takaful be considered legal? One man is told about an takaful with an obligation to deposit 10,000 dollars annually, to be kept over a period of 20 years. Murawwaja Takaful aur Shari waqf. In recent years, some banks have been creating a different insurance plan that incorporates the gambling, interest and gharar in the manner of Islamic banks.

مروجہ تکافل اور شرعی وقف

In the words of Jamhur Ulema-i-Karam, any type of insurance policy is illegal and prohibited because it combines gambling and usury.