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    Answers with Tag: insurance

    My friend is in need of a debit card (interest free transactions)…but for him to obtain this he must upgrade to a new account. The new account offers many new features which come hand in hand with the upgrade such as, student discounts on flights, shopping vouchers, etc. what is worrying is that they offer health insurance and other insurance based schemes. Now these schemes are always available to him and come part of the package but he does not have to pay for them and although they are available to him, he can not use them if he wishes. As he needs the debit card, he doesn’t intend indulging in the haram schemes. Is it permissible to upgrade his account on this basis?

    Is it Permissible to Work in a Insurance Company

    What is the ruling on paying car insurance to companies in instalments whereas they charge you added APR, instead of paying a one off instalment? Also if you only wanted to use the car for a few months, you would be paying less than for the full year.

    Working in an actuary firm

    Are Pensions Lawful?

    I work for a life assurance company dealing with bonds, pensions and life assurance. I work as an administrator taking quote details and answering phone calls but do not directly sell to people. What is the position with my income? Do I have to leave this Job?

    Endowment Policies

    Car Membership and Insurance

    I would like to know if it is ok to invest in the stock market, or work as a stock broker

    Do you have to pay back what you stole when you were a small child? Is it better to repay the actual store you stole from, or the major corporation? And I already repaid some stores, some which have changed their business (meaning one store became a different store, same items sold though), does this count as repayment? Can one take this cheaper option of paying insurance instead of risk losing £500?

    Paying Car Insurance with Interest Money

    Donating Life Insurance Policy Money

    Is it Permissible to Falsely State in Car Insurance that one is not the main Driver

    Islam’s Position on Prevelant Forms of Insurance

    Mortgage and Car Insurance