albaseerah.org
19-03-2009, 04:22
Question: Is Car/Life/Health Insurances permissible in Islaam ?
Answer: Health insurance, life insurance and car insurance are not permitted due to what they have of jahaalah (uncertainty) and risk. For instance a man can pay a lot, he can pay for a long duration and not benefit anything from what he has paid. On the other hand, a man can pay only once or twice and take a lot of money in return. Due to this, it is not permissible to engage in life, car or health insurance.
Answered by: Shaykh 'Abdur-Rahmaan Al-'Ajlaan حفظه الله
Title of Lecture: Questions and Answers Session
Date of the Lecture: December 14th, 2006
Listen to Lecture: Click Here (http://www.albaseerah.org/audio/ajlaan.htm)
Read the Transcribed Lecture: Click Here (http://www.albaseerah.org/forum/showthread.php?t=3135)
Answer: Health insurance, life insurance and car insurance are not permitted due to what they have of jahaalah (uncertainty) and risk. For instance a man can pay a lot, he can pay for a long duration and not benefit anything from what he has paid. On the other hand, a man can pay only once or twice and take a lot of money in return. Due to this, it is not permissible to engage in life, car or health insurance.
Answered by: Shaykh 'Abdur-Rahmaan Al-'Ajlaan حفظه الله
Title of Lecture: Questions and Answers Session
Date of the Lecture: December 14th, 2006
Listen to Lecture: Click Here (http://www.albaseerah.org/audio/ajlaan.htm)
Read the Transcribed Lecture: Click Here (http://www.albaseerah.org/forum/showthread.php?t=3135)