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I would like to know if house & vehicle insurance is permissible

Answered according to Hanafi Fiqh by DarulUloomTT.net

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

This answer was collected from DarulUloomTT.net, which is operated under the supervision of Mufti Waseem Khan from Darul Uloom Trinidad and Tobago.

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