Retirement annuities,medical aid and insuance

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Question ID: 25929
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Assalaamu Alikum Mufti Saheb

1. I would like to know if retirement annuities(RA’s) are permissable in islam?

2. is zakaat apyable on retirement annuities?

3. Are medical aids permissable?

4. insurances for cars permissable?

Jazakallah

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Asked on November 26, 2012 12:29 am
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Private answer

1) If forced then one has no choice.

2) No

3) Permissible - Makrooh

4) Permissible - Makrooh.

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Answered on November 26, 2012 12:29 am