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    Answers with Tag: insurance

    Is it permissible in Islam to work in a health company that assists insurance patients and is paid a fixed fee?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is selling general insurance policies allowed in Islam?

    Hanafi Fiqh | Darulifta-Deoband.com

    Can I start an investment consultancy business?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is it halal for me to use my TTK Health Insurance card in select hospitals?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is it halal for a Muslim manager to oversee operations involving financing and insurance schemes?

    Hanafi Fiqh | Darulifta-Deoband.com

    How can life insurance money of Rs 2,15,000 be spent, where the premium was only Rs 1,00,000?

    Hanafi Fiqh | Darulifta-Deoband.com

    Can interest money be used for constructing toilets and bathrooms in mosques?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is it permissible to buy on loan, invest in halal, save tax, have medical insurance, and maintain 1st party insurance?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is it permissible to work in this company and receive halal earnings?

    Hanafi Fiqh | Darulifta-Deoband.com

    Is it permissible to work as a computer operator for an insurance company?

    Hanafi Fiqh | Darulifta-Deoband.com

    Conditions for Trading in Stock

    Hanafi Fiqh | | Albalagh.net

    Pension Scheme

    Hanafi Fiqh | | Albalagh.net

    Payment from Insurance to Fix Car

    Hanafi Fiqh | | Albalagh.net

    Insurance Coverage on Consumer Items

    Hanafi Fiqh | | Albalagh.net

    These questions came to light after discussing them with ulema, who advise me to put forward these questions to Mufti Taqi Usmani sahib and inform them of the view of our beloved Mufti Sahib.1. In England to have car insurance is compulsory. Talking to ulema, they state that third party only is allowed. However discussing this with my friend, who is also an aalim, we wanted to know what if full comprehensive insurance is cheaper than third party insurance e.g. full comprehensive was £600.00 and third party was £1000.00, which happens sometimes. So even in this case would one have to buy third party Insurance or not? 2. When a person has an accident with another car, the insurance company of the other car owner pays a person out fully. The money that they pay is the market value of the car and not the actual value. For example I recently had an accident, the insurance company of the other person paid me out £2100.00 whereas I bought my car for the price of £1600.00. So would the extra money received in this case be jaa’iz (permissible) or haraam? Also I have heard that you cannot claim more than the amount you have paid to the insurance company. In case if the other person is not insured then my own company will pay me out. Would this money also be jaaiz? [Sajid Khan]

    Hanafi Fiqh | | Albalagh.net