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Is it permissible to accept the money from the insurance company due to an accident?

Answered according to Hanafi Fiqh by Darulifta-Deoband.com
Is it permissible to accept the money from the insurance company due to an accident?

Answer

(Fatwa: 377/362=N)

 

It is prohibited to accept more than the amount you deposited, because the additional amount is interest which has been explicitly declared haram in Islam. The Quran says:

واحل اللہ البیع و حرم الربوا (الآیۃ)

?Allah hath Permitted trade and forbidden usury? (2/275)

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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