Question:
assalamu aliakum..
would like to know if house & vehicle insurance is permissible
Answer:
Wa Alaikum as salaam,
These are not permissible. However, in the case of vehicle insurance, due to the fact that it is a law in the country, it will be allowed for us to have the vehicle insurance.
And Allah knows best,
Mufti Waseem Khan
22/1/2013