Ask Qul - Business / Investment - insurance is forbidding or not

Pearl of Wisdom

when asked by Hasan b. Mahbub, 'Can a believer be miserly?', replied, 'Yes.' [He said] I asked, 'And can he be cowardly?' The Imam replied, 'Yes.' I asked, 'Can he be a liar?' The Imam said, 'No, and nor can he be a traitor.' He then said, 'A believer can be predisposed by nature for everything except treachery and Iying.'

Imam Ja'far ibn Muhammad al-Sadiq [as]

Ibid. v. 75, p. 172, no. 11

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Question : #1061

Category: Business / Investment

Subject:	insurance is forbidding or not
Question:	ASSALAM O ALAIKUM , MY question is that the investment that we invest in a bank or in some insurance company and bank in return gave us a money with a profit after some life period.can it is halal or haraam.plz remove my confusion related to that .
Answer:	Our Sheikh will respond to this question in the coming days Insha'Allah, check again soon