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The question

Is it permissible to pay a monthly sum to an insurance company to compensate for a mobile phone in case of damage or theft?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

This type of insurance is commercial and forbidden () because it involves gambling (), uncertainty (jahalah), and usury (riba), as explained by Sheikh Ibn Uthaymeen.

Sheikh Saleh Al-Fawzan was asked about the ruling on car insurance and he replied: "It is not permissible to insure a car or anything else, because it involves adventure, risk, and consuming wealth unlawfully. It is incumbent upon a person to rely on Allah and to be patient when what Allah has decreed occurs."

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
19491
Imported
Translation status
Source text, unreviewed
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