Saturday, September 02, 2006

Life Insurance & Fatwa

This is the latest Fatwa.

Ulemmas of Deoband have issued a new Fatwa that insurances, by nature, are anti-islamic and so a Fatwa against them.

By this logic one can conclude that even Hindus, Sikhs, Christians, Parsis, Buddhists, Jains - all are anti-islamic so why not Fatwa against these, but that's a different topic. Coming back to insurances.

Why are they anti-islamic, pray?

They are because to quote Ulemmas "..Ismey Sood(interest) Hai, Aur Juan(dicey) Hai, isliye..".

By this logic Mohammad Azharuddin, and ninety nine percent of Pakistani Cricket team is anti-islamic because not only they fixed the matches by betting, they also received money for this. Sood and Juan.

To extrapolate the same theory, investment in Mutual Funds and Shares are, of course, anti-islamic. Sood and Juan. So are the risky businesses. Then Azim Premji must be one too.

Fixed deposits, recurring deposit and saving deposit interests are anti islamic. Sood. To add to the previous list - National Saving Certificates, Kisan Vikas Patra, Post Office deposits, PPF, EPF all are against the basic tenets of Islam, and are medical, vehicle, good insurances.

To sum up the whole issue - all financial institutions including banks, stock markets, asset management companies, fund houses, business activity is against Islam.

I agree when the say that Islam is in grave danger.

All these are instruments of modern society, but are anti-islamic. These guys live in the country where majority is deity-worshipping non islamic people. Where the National Song is Vande Matram, worshipping the country as Goddess. They can't do that.

So very anti islamic surroundings. I wonder why these guys live in India. I wish India was across the Himalayas. Historically, Japanese and Mongolians would have been easier to handle.

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