The Issue of Insurace
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This short article is intended to summarize Islamic point of view on insurance. In the current century insurance has become a necessity of daily life, with insurance companies charging insance amounts. In a true Islamic country where its citizens pay all the required taxes, it would be the responsibility of the state to help its citizens recover any losses they incur due to different circumstances. It is also logical that if a state does not provide for its citizens when they are in trouble, then there is no use of paying the taxes.
