Is it permissible to take a business loan which requires payment of an insurance premium?

Hawkesbay Investment Corporation Limited The business is in conformity with standards and in line with normal  corporate ethics. Based on the loans agreement   drafted by our client and we guarantee that our client will only enter into a legitimate  business transaction as proposed with the funds. Legal & General Insurance  company  hereby  guarantee the safety […]

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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 […]

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Is it allowed to take out mandatory travel insurance in order to be able to volunteer in a charity abroad?

Q: I have signed up to volunteer for a charity working abroad but have found out that I will be required to take out Travel Insurance. Is it permissible for me to get travel insurance cover or should I opt for volunteering somewhere else where this will not be a requirement?     الجواب حامدا […]

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Would insurance be permissible for martial arts’ students to take out health and safety purposes – as this is the requirement of the law of the land?

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 […]

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