Q: Would it be Islamically permissible for martial arts’ students to take out insurance cover for health and safety purposes – as this is the requirement of the law of the land?
الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب
A: Conventional insurance contravenes the Sharī‘ah prohibition on ribā, gharar, and maysir. Therefore, one should only take out conventional insurance when one has to pursue a normal daily activity for which there is a need and when this is required by the law. If it is not required by law, or it is pursuit of an activity for which there is no real need, then one should not take out conventional insurance. If the ‘martial arts’ does not otherwise involve any prohibited act, it is still only a leisure pursuit as opposed to a need. Therefore, conventional insurance cannot be justified.