[lbo-talk] health insurance violates Sharia

Michael Pollak mpollak at panix.com
Mon Apr 7 18:03:50 PDT 2008



> <http://economictimes.indiatimes.com/Personal_Finance/Insurance/Health_Insuarance_illegal_Islamic_body/articleshow/2930737.cms>

Although interestingly, it's only private insurance that violates Sharia. Single payer would be sharia compliant.

IIUC, this sharia banking objection goes for all insurance, not just health insurance -- if everyone is required to be in the pool, then it's sharia compliant. If you can choose, and thus win or lose, then it's gambling, and it's forbidden.

Michael



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