is insurance of car haraam. if third party insurance is available.
Answer
In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
It is not permissible to subscribe to any conventional insurance scehme as they contain elements of interest and gambling which are expressly prohibited in the Quraan.
The same ruling applies to third party insurance.
And Allah Knows Best
Muhammed Zakariyya Desai
Checked and Approved:
Mufti Ebrahim Desai
Darul Iftaa, Madrassah In’aamiyyah