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The question

What is the difference between pensions and life insurance, and what is the ruling on them, especially if life insurance becomes due after 20 years or upon death?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Life insurance, if it is commercial insurance, is forbidden. As for the pension system or retirement salary, its ruling differs depending on the contract and conditions; it may be permissible or forbidden. And if the pension is from the state, it often differs from commercial insurance.

Summarized from the full answer at Ftawy · imported

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Ftawy
Original fatwa ID
167131
Imported
Translation status
Source text, unreviewed
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