Is insurance permissible ? Life, car, health, property, hazards, shipping, etc. : comprehensive or liability only car insurance ?

السؤال

Assalaamu alaikum. The ruling that I have heard concerning taking car insurance is that it is not in general permissible. However in lands such as mine where driving without insurance will lead to prosecution and license suspensions I have heard that in this case it falls under the rulings of necessity. However, one should not go to excess and should strive to find the cheapest such as taking "third party fire and theft" which is the minimum to legally drive instead of "fully comprehensive." My question is that when making this payment I found that companies offer a one year insurance which I find unaffordable in a single payment. They then say you can pay for it in installments if you wish, however the total of the installments amounts to more than the yearly amount quoted. When I asked is this excess amount interest they reply "yes". I did further research and found that a small amount of companies offer a three month contract which you pay for in full and is affordable to me. However I found that four three month contracts totals more than a one year contract paid by installments. Therefore, please inform me which is the lesser of evil, to pay more in total (i.e. per year) through regularly buying a three month contract or to buy a one year contract and pay for it by installments. The latter option technically means that less money is being spent on this Munkar however it means falling into both insurance and interest ?

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2002-04-18

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• التأمين
• الأموال
• المركبات
• الإيجار
• المدفوعات
• الأقساط

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-724406

• APA
• MLA
• AMA