Insurance
706 questions
What is the ruling on working for cooperative health insurance companies in the Kingdom of Saudi Arabia, and how can we ascertain their Shariah compliance?
What is the ruling on the money given to me by a commercial insurance company after my car burned, knowing that insurance is compulsory?
How can a Muslim secure income in old age, given the depreciation of money, and avoid relying on others, especially if working in Western countries, since an optional retirement system is not permissible?
Is personal and life insurance permissible in an Islamic Sharia-compliant insurance company?
Is profit from selling shares in a loan company permissible or forbidden, and is working as an insurance agent suspicious, and what should one do with the profit if it is forbidden?
What is the expiation for someone who ran over a girl with his car without seeing her, and she died, and does he have to fast for two months, knowing that the insurance paid the blood money (diyya)?
What is the ruling on a pharmacy contracting with commercial insurance companies to sell medicines to their subscribers?
What is the Sharʿi ruling on an employees' insurance fund, given that its monthly subscriptions amount to 9% of the subscribers' salaries, the company contributes half a million Egyptian Pounds to it annually, product transport vehicles donate 10 EGP per vehicle, it is funded by the returns of deposit certificates and bank investments, it is supervised by the Insurance Supervisory Authority, 30% of its funds are mandatorily invested in National Bank of Egypt investment certificates, and the remainder optionally in Islamic banks, and the fund pays the employee upon retirement or death a 15-month bonus plus one and a half months for each year of service, and varying percentages in cases of disability, and it contributes 50% of the expenses for surgeries and disasters, with a maximum of 500 EGP per case, and membership in it is optional? And if it is permissible: what is the ruling on the fund financing the purchase of durable goods for subscribers, up to a maximum of 75% of the total deductions, with an additional 8% on the value of the goods, and is it permissible to purchase gold jewelry in installments according to the same system?
What are the consequences for a wife who uses government health insurance obtained by her husband through incorrect information, knowing that it is forbidden, especially concerning her children's expensive dental treatment, their school fees, and their free meals, and is it permissible for her to pay from her private money without her husband's knowledge, or to boycott him if he refuses to stop using this insurance?
Is it permissible to take the insurance amount with the intention of it being blood money (Diyya) for the deceased, in order to preserve the rights of minor siblings, knowing that the court ruled blood money of 120,000 Riyals against the defaulting driver, and the heirs of the deceased were awarded 100,000 Riyals from the insurance company?
Is the financial compensation offered by the Libyan state to the families of victims of prison events, who were killed unjustly, considered permissible (halal) or forbidden (haram)?
Is it permissible to work for a company that acts as an intermediary between medical insurance companies and clinics to program a system that serves these parties?
What is the ruling on an Islamic bank authorizing the orderer of a purchase (the customer) to buy the commodity, and also commissioning him to insure the goods under the pretext that the Central Bank of Algeria mandates it? And if this is impermissible, how can legitimate sources of funding for projects be found?
Is it permissible for the husband's father to exchange medications dispensed to him by health insurance for other things that he or his children need, claiming that this is his right as long as he can obtain the monthly medication?
Is it permissible to remain in a rented premise belonging to a non-Islamic insurance company if terminating the contract entails paying a large financial penalty that I cannot afford, after it became clear that dealing with such companies is impermissible?
What is the ruling on lease-to-own financing, in which the bank owns the asset and leases it to the lessee, with a promise from the bank to transfer ownership of the asset to the lessee at the end of the contract through a gift or sale at a symbolic price?
Is the amount of life insurance from the insurance company considered an inheritance that must be divided among the heirs, or private property for the designated beneficiary?
Is it permissible to add one's daughter to a personal health insurance policy, and is health insurance permissible or prohibited?
What is the ruling on purchasing fictitious invoices for car spare parts to compensate for the deduction made by insurance companies for depreciation value after an accident?
Is it permissible to accept compensation for an injury sustained in a car accident to repair a damaged car belonging to one's sister, knowing that the car's insurance does not cover the damage and the sister is not wronged, while the injury insurance does cover it?
Is the mentioned method of financing companies and individuals, which involves purchasing an asset and then reselling it through an "Ijara wa Iqtina" (lease-to-own) system, Sharia-compliant?
What should I do regarding the 1000 Saudi Riyals I took from the fictitious insurance claim, knowing that I have repented, that I have no contact with the person who took the rest of the money, and that the third person involved took nothing?
What is the ruling on the money the son received after reaching the age of twenty-five, given that the Ministry of Social Insurance continued to send him the pension despite his request to stop it? Can he spend it on the welfare of Muslims to clear his conscience, or is the money considered a debt upon him, knowing that he has already spent it and nothing remains of it?
What is the ruling on money (bonuses) acquired from representing a company on the boards of directors of companies whose capital is mixed, or that deal in non-Islamic insurance, or on the board of directors of a non-Islamic insurance company, and is it permissible to pay off a father's or relatives' debt with it?