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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Ruling on Health Insurance Provided by the Company to Employees

Machine translationRead the Arabic original
Question:
He says: What is the ruling on the health insurance that the company provides to its employees?

Answer:
Insurance in all its forms, commercial insurance in all its forms, is forbidden because it is consuming wealth unjustly. As for cooperative insurance, commercial insurance is that from which the owner receives something back. As for cooperative insurance, nothing returns to the owner except the fee; nothing returns to him. What returns to him is the contribution and donation, which is a donation for the needy. This is cooperative insurance.
Source لقاء رمضان 08-09-1436هـ — alfawzan.live (16:31)

The Arabic text is a machine transcription of the audio recording.

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