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The question

Is there a fatwa that clarifies whether compensation received from insurance companies or any other party is permissible (halal) or forbidden (haram)?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If a person is obligated to pay a sum of money for insurance, he should not take more than he paid when receiving compensation, because by doing so, he is recovering what was taken from him through a void contract.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
46332
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy