As you know that third party car insurance is compulsory in India. We cannot drive a car without third party insurance. My salary is credited into saving bank account and I get interest on two occasions in a year on my money stored in the saving account. Can I pay third party insurance premium using the interest money?
بسم الله الرحمن الرحيم
(Fatwa: 58/58/SD=02/1437)
It is not lawful to pay third party insurance premium of car using interest money. (Ahsan a-Fatwa: 7l26, pub. Zakaria, Deoband)
Allah knows Best!
Darul Ifta,
Darul Uloom Deoband