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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Due to the nature of the IR35 tax legislation, Can I take out insurance cover?

Q: HMRC have made a law against disguised employees in (April 2000) who are operating under a Ltd company. This law is called IR35. The problem is no matter how safe you think you are if case goes to court its just simply your word against theirs. If you represent yourself you will mostly likely lose the […]

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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 I take a health insurance in the USA?

Note from Al Qalam: Due to the length of the query, there will be no benefit to reproduce it on here.The questionnaire (US citizen) has asked regarding the permissibility of taking a health insurance in his country as he is in a constant need of medical treatment. For an understanding of the situation, below is an example of the potential medical cost that one may face […]

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What is the ruling regarding healthcare insurance offered by an employer?

Q: I recently accepted a job offer. With the contract papers, there was a form advising that the company could opt me in to private healthcare insurance. It would be free to opt in and benefit from it as it would be classed as a company benefit. However, as it is a company benefit, my […]

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