Home » Hanafi Fiqh » Qibla.com » House insurance for break-ins, and damage: Is it haram?
Answered by Shaykh Muhammad ibn Adam al-Kawthari
House insurance for break-ins, and damage: Is it haram?
Yes, this type of house insurance or goods insurance is unlawful (haram) and should be avoided. All types of prevalent insurances are unlawful, for they have an element of either Riba, chancing or both, as has been explained in detail in many earlier posts. Search the archives on this site.
And Allah knows best,
This answer was indexed from Qibla.com, which used to have a repository of Islamic Q&A answered by various scholars. The website is no longer in existence. It has now been transformed into a learning portal with paid Islamic course offering under the brand of Kiflayn.
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