A question about State Life Insurance Corporation of Pakistan

[Topi_Drama]

Does State Life Insurance Corporation Of Pakistan offer any Shariah complaint product? Such as takaful or something related?

 

[Alp Arsalan]

I guess no. Rather they shouldn't. Even the prevailing Takaful is technically exploitative. The security of the public is responsibility of Govt. Govt charge taxes to provide such service. Then govt keep charging us taxes but refuse to offer services and then private companies offer the same services for which public has been paying..

 

[دوسرا_سوال]

I guess no. Rather they shouldn't. Even the prevailing Takaful is technically exploitative. The security of the public is responsibility of Govt. Govt charge taxes to provide such service. Then govt keep charging us taxes but refuse to offer services and then private companies offer the same services for which public has been paying..

So basically the whole of the developed world, where insurance business is in place, are doing it wrong.

And the only correct way is the Islamic way, and working example of which has not been shown anywhere in the world including Saudi or Pakistan...