• Transactions & Dealings >> Interest & Insurance

    Question ID: 10522Country: India

    Title: As Salamoalikum dear sir, Please tell me about Health Insurance and Vehicle Insurance. It is permissible or not ? Can we use Health insurance plans which has no Interest (BIYAJ) facilities it is only for Medical or Hospital purpose. Vehicle (Bike) insurance is now a days is necssary but in Islamic way we can do motorcycle Insurance or Not. thanking you

    Question: As Salamoalikum dear sir, Please tell me about Health Insurance and Vehicle Insurance. It is permissible or not ? Can we use Health insurance plans which has no Interest (BIYAJ) facilities it is only for Medical or Hospital purpose. Vehicle (Bike) insurance is now a days is necssary but in Islamic way we can do motorcycle Insurance or Not. thanking you

    Answer ID: 10522

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 217/199=B/1429)

     

    Health insurance is impermissible, it consists of gambling. However, one can ensure motorcycle with a condition that in case of loss you do not receive more than what you deposited.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India