Muslim scholars have varying opinions about life insurance. Life insurance policies that earn interest (or guaranteed bonus/NAV) are generally considered to be a form of riba[48] (usury) and some consider even policies that do not earn interest to be a form of gharar (speculation). Some argue that gharar is not present due to the actuarial science behind the underwriting.[49]
Jewish rabbinical scholars also have expressed reservations regarding insurance as an avoidance of God's will but most find it acceptable in moderation.[50]
Some Christians believe insurance represents a lack of faith[51][dead link] and there is a long history of resistance to commercial insurance in Anabaptist communities (Mennonites, Amish,Hutterites, Brethren in Christ) but many participate in community-based self-insurance programs that spread risk within their communities.
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