Our Beacon Forum

Life insurance
By:Moin Quadri
Date: Monday, 2 March 2009, 9:12 am

Assalam Alaikum

I hope some brothers can help on this issue. I see daily there are not less than
40-50 people dying in Pakistan in accidents, firing, explosions etc. 90% of them
belong to destitute families. their widows, children and dependants go on begging,
mortgaging,corruption or violent ways for survival. Scholars suggest a strong Zakat
system which looks to me total impractical. May be it is practical but by the time it
is implemented, thousands and thousands of the victims will spoil the morale of the
country. Life Insurance, which makes one independant of alms and charity, gives a
guaranteed amount on death to the family, is the safest way to avoid further agonies but
our scholars have strong objections. My question is that is the money coming from
Life Insurance is worse thant the money which comes as a result of alms, begging,cheating etc

Thank you.

Moin Quadri

Messages In This Thread

Life insurance
Moin Quadri -- Monday, 2 March 2009, 9:12 am
Re: Life insurance
Dr. Shabbir -- Monday, 2 March 2009, 5:01 pm
Re: Life insurance
Moin Quadri -- Saturday, 7 March 2009, 9:22 am
Re: Life insurance
Dr. Shabbir -- Saturday, 7 March 2009, 12:22 pm