Is takaful halal?

Halal. Cooperative insurance in which members contribute to a shared fund, approved by the OIC International Islamic Fiqh Academy and AAOIFI as the Islamic alternative to commercial insurance.

Halal · Money and investing · From the Halal or Not? rulebook, checked 28 September 2026

Quick answers

Is takaful halal?
Halal. Cooperative insurance in which members contribute to a shared fund, approved by the OIC International Islamic Fiqh Academy and AAOIFI as the Islamic alternative to commercial insurance.

Sources

Information, not a fatwa. Where scholars differ, this shows the main views so you can follow the one you already follow or ask a scholar you trust.

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