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 […]
Read more...Category: Insurance Fatawa
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 […]
Read more...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 […]
Read more...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 […]
Read more...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 […]
Read more...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 […]
Read more...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 […]
Read more...insurance compensation
Q: I was involved in a car accident a few years back and following the accident I claimed compensation from the accident. The doctor assessed me and sent a report to the judge (here in the UK) where I was awarded compensation. I remember that everything I told the doctor was not the truth and […]
Read more...Can a pregnant woman take a travel insurance?
Q: Is it permissible for a woman, who is pregnant, to take out travel insurance, as (some say, I am not certain if it is true), they say that some airlines do not let them travel without it. الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: If the airline will not allow travel without it then […]
Read more...Are “Income protection policies” & “Critical illness cover” permissible in Islam?
Q: Can you please confirm “Income protection policies” & “Critical illness cover” insurance policies are both haraam? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: Income protection policies and critical illness cover are types of conventional insurance that suffer from the prohibitions of riba, qimar and gharar and are thus impermissible.
Read more...Is it permissible to work as a PPI case handler?
Q: Is it permissible to work as a case handler? This role involves the cradle to grave resolution of customer complaints relating to payment protection insurance (PPI). I will be in contact with the customer throughout the process and will be responsible for the full investigation of their case. الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب […]
Read more...Is the Takaful model the government wants to introduce for funding university tuition permissible?
Q. Please can you advise as to the shariah permissibility of the Takaful model the government wishes to introduce as alternative finance for funding university tuition fees? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A. The tentative opinion of Al-Qalam Panel is that an amended version of the Takāful model proposed in the BIS consultation […]
Read more...