Is it permissible to take out warranties on car repairs?

  Q: Is it permissible to take out warranties on car repairs and parts, and to what extent? There is a scheme available, for £100 a year, where if any problems with the car, the policy covers both labour and parts.   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: Such warranties are a form […]

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What is the ruling on the permissibility of conventional travel insurance products?

Q: What is the ruling on the permissibility of conventional travel insurance products?   My particular concern focuses on the potential for significant medical expenses incurred outside your country of residence, where such facilities are unlikely to be free for non-residents. Are there any halal/takaful travel insurance products available? الجواب حامدًا و مصليًا و منه […]

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In the case of an insurance claim, can one include the value of the premiums paid for other cars?

Q: I understand that with car insurance claims, one should only recoup a sum equivalent to the total paid to a particular company to date, and any excess received beyond this sum be ‘repaid’ through future premiums to that same company. In both cases (historical payments and futures insurance cover), can one include the value […]

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Can a pharmacist take out extra insurance due to extreme circumstances?

Q: Can a pharmacist take out extra insurance due to extreme circumstances? I know that insurance is only permissible in extreme cases. Would it be permissible for a Pharmacist to take out insurance which will protect her in case she was to get sued by a customer? The insurance is not necessary but if someone […]

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Can I use breakdown cover when I am not in the car? What should I do if I have already done this?

Q: Can I use breakdown cover when I am not in the car? What should I do if I have already done this? I have a car break down cover for myself, which allows me to drive any car or be a passenger and call upon the breakdown cover. If I wanted to use it […]

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Is it permissible for my mother to use my father’s life insurance payout?

Q: Is it permissible for my mother to be using my father’s life insurance payout and keeping it? My father took out life insurance in 1987. He did not know it was haram. I think on the policy it says 60% equity and 40 % property. I am not sure how much my father payed […]

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If a Muslim needs to claim on their car insurance policy, can they benefit from the entire amount of money?

Q: If a Muslim needs to claim on their car insurance policy, can they benefit from the entire amount of money, or only that amount which equals premiums paid to date? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: The premiums paid under conventional insurance are paid through an irregular contract according to […]

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Please can you advise on the Shariah permissibility of guarantees and extended warranties.

Q: Please can you advise on the Shariah permissibility of guarantees and extended warranties. By guarantees I mean when the manufacturer gives a guarantee for a product without any monetary compensation and extended warranty where essentially a guarantee for the product is purchased. الجواب حامدًا و مصليًا و منه الصدق و الصواب A: Guarantee The […]

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Can I insure my business?

Q: I’m in the process of opening an Internet pharmacy and just needed clarification on which types of insurance would be permissible Employers liability. This is a legal requirement when employing staff and is to cover them in case of personal injury etc at work. If there was to be an incident then the potential […]

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Is it permissible to purchase car insurance in instalments?

Q: Is it permissible to purchase car insurance in installments due to necessity when one cannot afford a one off payment. installments also have an added interest charge per month. For example: a one off payment will cost 1000 pounds and in 12 installments it’ll cost 1200 pounds. As insurance contains elements of interest could […]

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Should one opt for third party or fully comprehensive insurance cover if third party is more expensive as is the case in many situations?

Q: Should one opt for third party or fully comprehensive insurance cover if third party is more expensive as is the case in many situations?   الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب   A: You should opt for the cheapest quote irrespective of the level of cover as the purpose is to fulfill a […]

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