If an insurance company sponsors college education, will it be permissible to take?

Answered according to Hanafi Fiqh by DarulIftaBirmingham


Answered by:  Maulana Irfan Ali​

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Question:


If an insurance company sponsors college education, will it be permissible to take?


 


Answer:


In The Name Of Allah, The Most-Merciful, The Most Kind


 


Islamic law is explicitly clear with regards to anything based around interest. Allah in the Quran mentions regarding interest:


‘Allah has permitted transactions and has prohibited from interest.’ [1]


‘In another place in the Quran Allah mentions that He and His messenger will be at war with the consumer of interest.’ [2]


Therefore, dealing with interest money, directly or indirectly, in any shape or form will be unlawful.


 


Only Allah knows best


Written by Maulana Irfan Ali


Checked and approved by Mufti Mohammed Tosir Miah


Darul Ifta Birmingham


 



[1] Surah Baqarah 275


[2] Surah Baqarah 279


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