Fatwa
3 articles tagged “Fatwa”
Article•7 Aug 2026
Savings Account Interest: What Indian Muslims Actually Do With It (2026)
Indian law forces savings accounts to pay interest. The documented practice: keep balances lean, track the interest line, and give it to the poor without intention of reward. The complete purification mechanics.
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HalalWallet Editorial TeamArticle•7 Aug 2026
Is LIC Halal? The Necessity Debate, Documented Honestly (2026)
Published fatwas hold voluntary life insurance impermissible, but some scholars extend necessity reasoning to term cover for breadwinners because India has no takaful. The three positions, labelled by their real weight.
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HalalWallet Editorial TeamArticle•7 Aug 2026
Compulsory Insurance and Islam in India: What the Fatwas Actually Permit (2026)
Motor third-party cover is mandatory under the Motor Vehicles Act, and employer health cover arrives with the job. Published fatwas permit compelled insurance. What counts as compelled, and what to do with claims.
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HalalWallet Editorial Team