Another reason behind the misconceptions against the insurance is that all the available literature is written by the authors who belong to Muslim states like Pakistan, Egypt, Saudi Arabia, etc. They equip the readers with heaps of theory but do not offer any practical solution. Neither they have had any experience of living in a country like India so they avoided a straight answer to the question of legitimacy of the insurance in a non-Muslim country. The problem is that the Muslim educated elites look at those scholars only who are incidentally non-Indians.

Those circumstances which compel Indian Muslims to seek insurance do not exist in Saudi Arabia or Pakistan. As Dr. Siddiqui too has pointed out that the knowledge of the contemporary issues, obligations and strategic planning is lacking in the scholars. Ruling on any controversial issue which has no “Nass” from the Quran, cannot be applied universally. Any such Ijtehadic ruling which can be held valid in Saudi Arabia or Pakistan may not necessarily be applicable in India or elsewhere. For example the sighting of the moon, if it is sighted in India, Pakistan is not obliged to celebrate Ramadan or Eid unless it is sighted and witnessed there itself. Although both the borders are together, still the Fiqh says the men across the borders will follow their respective country’s scholars’ decision.

Similarly, there are many rulings applicable in Saudi Arabia but not in India. The Maal of a Muslim is protected and safe there. But, in India, not only Muslim’s but no one’s Maal is safe. The UTI (Unit Trust of India) drowned millions of Rupees in US64 policy. The poor people lost their life long savings as they had a blind trust in this bank more than in any other bank as it is considered to be a part of the RBI (Reserve Bank of Indian). These are the common incidents. Bankruptcy of the banks, deception by various finance groups and shareholding companies take place often. Besides, riots, arson, and lawlessness are common. As a result, no one is safe. The Government remains a silent spectator. The situation in Pakistan or Bangladesh too is not very different from India as the lawlessness, corruption and bloodshed are common.

The true values of the religion or patriotism are alarmingly at the ebb. In Saudi Arabia, the situation is entirely different and opposite. The laws are so rigid and strictly enforced that everyone is afraid to violate the law. Furthermore, in case of loss of life due to accidents or any other reason, the dependants do not suffer as much as in India. Neither there is a problem of widow’s resettlement nor daughter’s marriage. The bride does not have to arrange the dowry for the bridegroom. The bridegroom himself pays every single penny of the marriage expenses, new home’s furnishings, etc. Therefore, a Saudi girl doesn’t need money for her marriage while in India or Pakistan, a girl’s marriage becomes impossible if their guardian can not afford to pay cash, reception dinner, and articles like bed, wardrobes, furniture, scooter or car, etc. at the time of marriage. In a Saudi or any other Arab society, the generosity is so high that sometimes Zakat and charity payers queue up for paying while in India there are queues to collect the charity.

Since most of the people who raise objections on the insurance are the followers of the Arab scholars, therefore we are compelled to present a comparison of life between Saudi Arabia and India. All the GCC countries too are same as Saudi Arabia in taking care of their nationals.

Regarding the health problem, the Saudi or GCC nationals have got a free medical treatment facility. They do not fall prey to the commercialisation of the doctor’s profession. But in India a little fever or cold too can cost a family the whole month’s salary. People lose their life long savings in a small surgery. The doctors and the hospitals are the biggest thieves.

Many authors from Pakistan, who are foremost in providing the literature on insurance in Urdu, live in a country where there are possibilities of establishing any alternative to the conventional life insurance system while this is not possible in India. The Indian Muslims lack the expertise, education, influence and finances. They can establish small units to benefit a locality or a city but not on a big scale where a person living in the villages can avail the facility. There are many examples where the Muslim ventures either failed themselves or were foiled by the conspiracies. Markaz Investment, Al-Meezan, East West Airlines, Charminar bank, etc. were established with the purpose of setting a model of Islamic business system.

The business situation in India for the Muslims is not the same as GCC and Arab countries where no one can run his own business legally without a Kafeel (sponsor). In India too, if there is a Hindu partner, the business is safe and progressive. Otherwise there are hundreds of risks of failure due to the communal competitors, officials and administration. Those who still survive these obstacles fall victim to the riots. Or they have to run small scale business in their own localities. The doors are closed for them for the big ventures. So the safety and security of the business is critical and there is nothing other than the insurance that can provide security to some extent.

Therefore, it is not logical to follow the authors of those countries whose circumstances are totally different from India. Pakistan had every opportunity to establish models of an Islamic economics, politics, education, law and justice, etc. But, it is evident that in 60 years, Islam is as stranger as is in India. The freedom of five times prayers or fasting is not the main Islam. Islam is beyond the five pillars. The Indian Muslims will have to do Ijtehad for their problems and discover their own ways to apply Islam to their maximum capacity. The Islam which will bring the other religions close to them is the real Islam. The Indian Muslims are more fortunate than any other Muslim country in the sense that they are born in the same polytheist atmosphere of the Prophet Ibraheem (عليه السلام). They have to rise from the minority. Their strategy will have to be completely different from those who are born in the majority and have freedom of imposing Islamic law.