Q: What is the ruling on travel insurance? Is the ruling the same as regular insurance? الجواب حامدا ومصليا ومنه الصدق والصواب A: The ruling for conventional travel insurance is the same as conventional general insurance. Quite often, medical facilities are not even free for residents of many countries. I am not aware of […]
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What is the ruling on life insurance?
Q: What is the ruling on life insurance? Does the ruling differ if one truly thinks ‘they need it’, as oppose to seeking financial security. And lastly, is it OK for them to take it if they have found an edict espousing a view holding it as permissible? الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: […]
Read more...Please could you clarify if house insurance is permissible, and if so, under what circumstances?
Q: Please could you clarify if house insurance is permissible, and if so, under what circumstances as I recently heard that it was permissible on the basis to protect a neighbour’s property in case of fire, flood, etc? الجواب حامدًا و مصليًا و منه الصدق و الصواب A: Conventional home insurance involves the unlawful elements […]
Read more...How much can I claim from my car insurance company and what if they give me a set amount to purchase the car from me?
Q:How much can I claim from my car insurance company and what if they give me a set amount to purchase the car from me? الجواب حامدا ومصليه ومنه الصدق والصواب A: If the insurance company purchases the car from the policy holder at a price of £3000 the policyholder may accept the whole £3000 […]
Read more...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 […]
Read more...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 […]
Read more...Is it permissible for my mother to be using my father’s life insurance payout and keeping it?
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 […]
Read more...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 […]
Read more...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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