LIC.NS

Life Insurance Corporation of India

HARAM
Score: 10/100
stock

Is LIC.NS Halal?

Life insurance — conventional insurance involves gharar.

What You Should Know

LIC is India's largest life insurance company. Conventional life insurance involves gharar (uncertainty) which is prohibited under Sharia.

⚠️ Concerns

  • Insurance involves gharar
  • Interest income from investments
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