Is Working as an Insurance Broker Permissible?

Answered by Shaykh Abdullah Anik Misra

Question

Is Working as an Insurance Broker Permissible?

Answer

In the Name of Allah, Most Merciful and Compassionate

Working as an insurance broker to sell insurance policies and earn money from them would not be permissible.

The income gained from such a job would therefore not be lawful either.

Please see the answers below, which clarify this:
The Legal Verdict on Prevalent Forms of Insurance – SeekersGuidance
Is It Permissible to Work in the Call Centre Section of an Insurance Broker? – SeekersGuidance

Wassalam,
[Shaykh] Abdullah Anik Misra
Checked and Approved by Shaykh Abdul-Rahim Reasat

Shaykh Abdullah Misra was born in Toronto, Canada, in 1983. His family hails from India, and he was raised in the Hindu tradition. He embraced Islam in 2001 while at the University of Toronto, from where he completed a Bachelor of Business Administration. He then traveled overseas in 2005 to study the Arabic language and Islamic sciences in Tarim, Yemen, for some time, as well as Darul Uloom in Trinidad, West Indies. He spent 12 years in Amman, Jordan, where he focused on Islamic Law, Theology, Hadith Sciences, Prophetic Biography, and Islamic Spirituality while also working at the Qasid Arabic Institute as Director of Programs. He holds a BA in Islamic Studies (Alimiyya, Darul Uloom) and authorization in the six authentic books of Hadith and is currently pursuing specialized training in issuing Islamic legal verdicts (ifta’). He holds a certificate in Counselling and often works with new Muslims and those struggling with religious OCD. He is an instructor and researcher in Sacred Law and Theology with the SeekersGuidance The Global Islamic Seminary. Currently, He resides in the Greater Toronto Area with his wife and children. His personal interests include Indian history, comparative religion, English singing, and poetry.