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Auto insurance Business

Answered according to Hanafi Fiqh by ShariahBoard.org

Assalamualaikum,

I live in Los Angeles. I have a query. Selling Auto Insurance is Halal or Haram in USA? Can I sell them as a Muslim? Thanks

Jazakallahu Kairan

الجواب وباللہ التوفیق

It is not permitted.

واللہ اعلم بالصواب

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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