What is the ruling on life insurance and insurance for a driver's license?
Machine translationRead the Arabic original
Question:
What is the ruling on life insurance, and likewise insurance for a driver's license?
Answer:
Commercial insurance in all its forms, whether for life, money, or property, is entirely forbidden, because it is consuming wealth unjustly, and it contains gharar (excessive uncertainty in a contract), ignorance, riba (usury or interest), and many other harms, so it is forbidden in all its forms.
What is the ruling on life insurance, and likewise insurance for a driver's license?
Answer:
Commercial insurance in all its forms, whether for life, money, or property, is entirely forbidden, because it is consuming wealth unjustly, and it contains gharar (excessive uncertainty in a contract), ignorance, riba (usury or interest), and many other harms, so it is forbidden in all its forms.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم التأمين على الحياة وعلى رخصة القيادة؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.