Home
Discover Islam
Quran Recitations
Lectures
Fatwa
Articles
Fiqh
E-Books
Women
Boys & Girls 
Enter Question
View By Subject
Fatwa Of The Week
Selected Fatwa
Fatwa Center
View By Subject
View By Subject
View By Subject 87 fatwas
-
'Weather promotion' as a marketing tool for insurance companies
Is this type of business promotion haram? A weather promotion is a marketing program in which the assured offers a full or partial refund or rebate on the purchased product or service, should a future weather event occur. For example there is “Rainy Day Promotion” where, if it rains at least an inch on a specified day, the product purchase price.. More
-
Impermissible to willingly participate in this fund
I work in an oil company. The company released an optional offer in a leaflet, indicating that a day will be deducted from the salary every month in order to be deposited at the bank until the age of retirement. Then, the money will be completely issued along with the interest. If the person wishes to take the deposited money after five years, the money.. More
-
Mortgage insurance when buying a house
I bought a house via a mortgage in UK and was advised to apply for mortgage cover plan (life cover) in which I have to pay a monthly fixed payment for the duration of the mortgage. This will guarantee paying the rest of the mortgage if when I die so that my dependent children and wife won't lose the house. I am not sure if this is acceptable in Islam.. More
-
Ruling on an insurance company depends on type of insurance it carries out
As Salaam u Alaikum, I am currently working in a Insurance company. This company is not like other insurance companies. This is a Captive insurance company. I mean this is a company which was created by a large oil company and we do insuance only for them. we do not charge them any interest. There is a fixed amount which the parent company pays us... More
-
Many questions about money taken unlawfully and health insurance
Sorry to bother again, but I have several questions on unlawful money and medical insurance. In the past, I took money from a church but I just realized right now about returning money to its owner. Problem is I do not remember exactly which church the money was stolen from, so can I return money to any church? Also, in the past, I returned money.. More
-
Questionable insurance contract
Dear brother, just recently I read about riba and am very scared about it. Without knowledge of this, I had invested some money in insurance. I have opened two insurance policy with a well known Insurance company in India, one is for the pension wherein I have to pay premiums per year upto a certain tenure, the company will invest it in stocks/shares.. More
-
Solidarity funds: guidelines and preventative factors
Regarding the fellowship and solidarity funds where subscribers pay annual or monthly premiums in return for receiving an agreed upon amount in case of death, total or partial disability, are they lawful or forbidden?.. More
-
Sham insurance is false witness
What is the ruling on using a sham insurance form that is issued for taking a loan for buying a car, taking into consideration that there are some insurance institutions that give this form in return for making obligatory insurance on the car. Other institutions give this form in return for a certain amount of money. The authority that gives the loan.. More
-
Joining a trade union that deals with insurance companies
Assalaamu alaikum, My husband asked for me to sign him up at a trade union since his friends recommending it to him. After little research im a bit confused tho since at least some of the money is going to homeinsurance and freetime-insurance. I would like to know if its really ok to go in being a member of ur works trade union, which could help speak.. More
-
Wants to open a business dealing with accident claims
Assalamualaykum, 1. I am wanting to open a business which will deal with accident claims. So a client will report an accident with us and they will pay us a fee for the service. The service includes a minimum/maximum payout for the person involved in the accident and what we will do is to get in touch with a solictor who will deal in arranging out.. More
-
The hospital charged him a large sum of money because he had no health insurance
Assalamu Alaikum, I had a surgery about a few months ago and I didnt have health insurance at the time. The hospital has charged me an enormous amount of thousands of dollars which I cannot pay. They increased the price on my surgery because I didnt have health insurance. Is this counted as a debt? I heard it would be haram to pay them all the money.. More
-
Getting health insurance in the name of another person
is it permissable to have perscription medication written in the name of another person who has medical insurance that will cover the cost of the medication, but the medicine is not for the person with insurance?
Jazzakum Allah Khair.. More
-
Using life insurance money of a deceased adoptive father
Assalamu'alaikum Wa Rahmatullah e Wa Barakatuhu.
My Father, who is my adopted Father passed away 3 years ago. He had life insurance and the government wanted to give me the money. I live with a woman who I accept as my own Mother, and who takes care of me, she accepted the money on my behalf because she knows if I accept it is haram, and she is willing.. More
-
Questionable retirement pension scheme
There is a group in India working for investment opportunities on Islamic principles. They recently tied up their efforts with Tata Group, a renowned business firm working on mutual fund. They introduce a retirement pension scheme for Muslim community. The scheme work as detailed below: 1. Every month you have deposit Rs.1000/- for a term say 10 or.. More
-
Holding an insurance policy to avoid income tax
Assalamu alikum warahamatullahi wabarakatuhu.I am an Indian.I am holding an insurance policy for the past 4 years. But only recently i came to know that it is also interest ( Riba ) and not permissible. Please kindly clarify as to which is true. This insurance policy in India is useful in avoiding income tax by the government. So it is this way is useful.. More
Search Fatwa
Fatwa Subject
