Car insurance : Islam's stance on auto insurance

السؤال

Assalamu Alaykum Wa Rahmatullahi Wa Barakatuh, My question is the following : It is my understading that auto insurance is Haram / not permissible except in cases where it is required by law and thus making it a necessity. In one state in the U.S., you are allowed to drive without insurance if you pay a fee that sometimes can exceed the amount it would cost to pay for liability insurances. For example, in my case, liability insurance would cost me $190.00 per 6 month to drive legally and the liability insurance protects the other driver in the event that I am at fault. However, the fee to drive legally without liability insurance would cost me $ 300.00 per 6 month and would not provide me with any protection in the event that I am at fault. Thus the fee just gives me permission to drive without insurance. Under Islamic law, should I pay for liability insurances or the fee that permits me to drive without insurance ? Jazakum Allahu Khairan for your constant help

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2006-01-15

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-788436

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