Q. Islamic insurance plan cum savings

Assalamualaikum...

HI, i am looking for an islamic insurance plans.

I would like to be covered for hospitalization regardless of minor or major illness or accidents.

At the same time, i am also looking for islamic insurance plan that can help me save my money for long term purposes, say for retirement or perhaps use my premium(the money i paid monthly if i bought myself an insurance) to invest in a islamic investment to multiply my savings.

I am very concern of insurance because I dun want any hibah(interest) or my money being used in non-islamic investment.

Can anybody help me?

I have look at takaful hsbc but i want to survey more...

because i feel its best for me to start at a young age. ok i am not so young - already 23.

so do help if anyone is expert in this....



250 points 0votes 16/02/2008 9:20:04 AM by zizi rookie Post Reply Share

Deleted by Nasi Briayni!
Reason: member trying to sell his services!

0votes 22/02/2008 12:29:54 PM by Dev rookie

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Reason: member trying to sell his services!

0votes 19/07/2008 7:02:12 AM by elly fairy rookie

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0votes 27/03/2009 4:36:52 PM

HelmiHakim.com www.helmihakim.com

by helmihakim rookie Bis

Moderator Comment
Salaam to all,

If you wanna explain your unbais islamic insurance plan, please explain openly on this site.

This website is built for people to share your knowledge with each other, not to make money from each other. If your intention is to advertise your business, this is not the way. You need to contact us for advertising and pay for advertising space. Refer to this post abt advertising.

http://www.nasibriyanilounge.c... are muslims. Share your knowledge with your fellow brothers and sisters in islam!

If you wanna gain popularity and increase your business in your field you need to share your knowledge don't be stingy about it!

0votes 27/03/2009 9:57:57 PM by NasiBriyani the boss

ok i suppose insurance are ok for muslims as long as it covers only the medical expenses, taking into consideration of the high medical costs in Singapore.

As insurance covers death, i dont think we can buy those insurance plans as death is predestined by Allah. We are not allowed to benefit from that.

Unless its needed by companies or by the CPF, then its ok cos its not up to us since we are the minority.

i hope this answer helps. :)

0votes 28/03/2009 5:19:47 PM by ahxuan fresh

Think about this, the money left behind for the death insurance is not for you!

Its meant for your love ones. Imagine if you leave the world early and you spouse or kids are still small, wouldn't that money be useful for them?

Furthermore you can also will your money to be zakatable meaning it is given to a trustee and that money is being invested to support the maintainence of mosques or the poor people.

I hope you guys go and talk to proper insurance people about this. Don't just talk about when you are living - accidents and long term illness only. Talk about when you are not around anymore and the scenarios that may come.




0votes 30/03/2009 9:50:03 PM

IslamicSG Networks LLP www.islamicevents.sg

by Fadzuli rookie Bis

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