Using Insurance Funds To Pay Taxes

Jul 31, 2024 | Insurance

QUESTION:

A person has life insurance for his mother. She is still alive. is it permissible for him to keep the life insurance and once she passes away, he will take his capital amount and use the balance of the money to pay taxes?

ANSWER:

He should cancel the insurance. If he keeps the insurance, then he may use the capital only. The interest will have to be given to poor Muslims that are recipients of Zakaat, or poor non-Muslims. It cannot be used to pay taxes.

ALLAH TA’ALA ALONE IN HIS INFINITE KNOWLEDGE KNOWS BEST!

ANSWERED BY:

Mufti Mohammed Desai Saheb

Date: 23 Muharram 1446 / 30 July 2024

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