Hissa Jaidad (Property)

If a Musi purchased life insurance and the claim is received after their death, is the amount received counted as part of the deceased Musi’s estate (Tarka)? Is Hissa Jaidad obligatory on this amount for the deceased?

اردو میں پڑھیں

  • If, during their lifetime, the deceased Musi paid the insurance premiums after already paying Hissa Amad on their income, then the amount received by the beneficiaries after death is not counted as part of the deceased Musi’s estate, and no Hissa Jaidad is obligatory on it for the deceased.
  • If there is no statement from the Musi on this matter, the decision is made on the basis of a statement from the heirs and a report from the local Jama’at. If Hissa Amad had not previously been paid on the insurance premiums, then only the portion of the insurance claim on which Chanda Hissa Amad was payable is counted as part of the deceased Musi’s estate.
  • Any additional amount received from the insurance company as profit is not counted as part of the deceased Musi’s estate.
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Related Questions

If a Musi pays full Hissa Amad on their income without deducting property installment payments, must they still pay full Hissa Jaidad on that property? If so, at what rate, and on the current market value or the purchase price? How is Wasiyyat paid on investments such as stocks, ETFs, and other business investments? If a Musi owns a primary residence and purchases a second property intending to occupy it after retirement once the primary residence is sold, is Hissa Jaidad payable on both properties?
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