Prize Bonds And Insurance
Have already watched the above stuff. Still confused to know that how gambling is impacted in prize bonds but not in case of insurance.
Insurance is not impacted by the impermissibility of gambling because there is no gambling involved in it. Insurance is a service that stipulates certain rights and responsibilities of each party involved in the transaction. Gambling, on the other hand, is a game of pure chance in which a person aims to devour another person’s wealth which he is not morally entitled to. For a better understanding of gambling please see: Discussion 31659 Discussion 60454