Life insurance and the Lucknow resolution

Question

Question: Regarding life insurance, it appeared in the newspaper “Qaumi Awaz” (“The Voice of the Nation”) on 11 and 14 December ’65 that, after reflection and deliberation by the religious scholars of the whole country, it has been accepted that life insurance is permissible and that Muslims should take part in it eagerly. Could you give your opinion on this matter, so that I can explain something to others?

Answer

If such a thing has been published in “Qaumi Awaz”, it is wrong. Send for the resolution from the Nadwat al-ʿUlama madrasa in Lucknow and look at it: in it are written the names of those scholars who declared this entirely impermissible and haram, and also the names of those who gave permission for it; look also at the conditions written for the permission — then the real…

Source: Fatawa Mahmudiyya

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