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Allianz’s BC INDEX ANNUITY – Is This Insurance Product Islamically Permissible?
Allianz’s BC INDEX ANNUITY – is this insurance product islamically permissible?
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4 Replies
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Allianz’s BC INDEX ANNUITY – Is This Insurance Product Islamically Permissible?
updated 4 months, 1 week ago
2 Members
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4
Replies
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Please provide the details.
In principle, insurance is allowed. There is nothing objectinalabe in it.
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AoA – thanks for the response. The information material is in the attached PDF files.
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Their business is investing and earning interest (profit). It is usually a halal business. So there seems to be nothing objectionable.
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AoA – thanks for your response. Is it possible to have a phone consultation on this?
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