Insurance Contract for Vehicle Fuels
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Fatwa No. ( 21214 )
Q: We have an insurance contract for the fuels of the vehicles of one of the companies, which travel from Riyadh to Tabuk , passing through our station located in the Hail region. Usually, the fuel authorization document provided to the vehicles contains a quantity of fuel, and the driver requests a cash amount for the remaining quantity so that he can refuel from the city of Tayma , in addition to road expenses. Since the price of a liter of diesel in the concluded contract is (0.37) halalas, in this case, do we have the right to calculate the quantity for which they want to be compensated financially at a price lower than the contract price of (0.37) halalas, for example (0.25) halalas, on the condition that the payment is deferred, and the contracting party and the driver are all agreeable to this, indeed
they insist on it, and indeed they deal in this manner on all the Kingdom’s routes where they operate their trips. An example of this: the authorization is registered with a quantity of fuel as follows: (5000) liters of diesel, of which only (3000) liters are dispensed according to the capacity of the vehicle tanks, and the (3000 × 0.37 halalas according to the contract) is calculated. Therefore, (2000) liters remain from the quantity registered in the authorization. The question: Is it permissible or lawful to calculate the remaining (2000) liters at a price of (0.25) halalas? For example: (2000 liters × 0.25 halalas = 500 riyals) to be handed to the driver or the person responsible for the vehicle to facilitate the driver’s task for the remaining distance of the trip to Tabuk, knowing that there is no other contractor in the remaining distance from Hail to Tabuk, knowing that the reasons for the price difference from (0.37 to 0.25) halalas are that the amount of (0.25) halalas is paid directly to the driver by us, and the collection of the amount from the entity owning those vehicles is settled on a deferred basis, and it incurs postal and accountant fees, in addition to the delay required by the regulations in force at the owning entity. Therefore, we hope for your answer to this.
A: It is not permissible for you to pay the driver or the entity with which you contracted a cash compensation less than the agreed-upon cash amount, which is (0.37) halalas
deferred, with twenty-five halalas immediate; because this combines usury of excess in a like-for-like exchange and usury of deferment. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Q: We have an insurance contract for the fuels of the vehicles of one of the companies, which travel from Riyadh to Tabuk , passing through our station located in the Hail region. Usually, the fuel authorization document provided to the vehicles contains a quantity of fuel, and the driver requests a cash amount for the remaining quantity so that he can refuel from the city of Tayma , in addition to road expenses. Since the price of a liter of diesel in the concluded contract is (0.37) halalas, in this case, do we have the right to calculate the quantity for which they want to be compensated financially at a price lower than the contract price of (0.37) halalas, for example (0.25) halalas, on the condition that the payment is deferred, and the contracting party and the driver are all agreeable to this, indeed
they insist on it, and indeed they deal in this manner on all the Kingdom’s routes where they operate their trips. An example of this: the authorization is registered with a quantity of fuel as follows: (5000) liters of diesel, of which only (3000) liters are dispensed according to the capacity of the vehicle tanks, and the (3000 × 0.37 halalas according to the contract) is calculated. Therefore, (2000) liters remain from the quantity registered in the authorization. The question: Is it permissible or lawful to calculate the remaining (2000) liters at a price of (0.25) halalas? For example: (2000 liters × 0.25 halalas = 500 riyals) to be handed to the driver or the person responsible for the vehicle to facilitate the driver’s task for the remaining distance of the trip to Tabuk, knowing that there is no other contractor in the remaining distance from Hail to Tabuk, knowing that the reasons for the price difference from (0.37 to 0.25) halalas are that the amount of (0.25) halalas is paid directly to the driver by us, and the collection of the amount from the entity owning those vehicles is settled on a deferred basis, and it incurs postal and accountant fees, in addition to the delay required by the regulations in force at the owning entity. Therefore, we hope for your answer to this.
A: It is not permissible for you to pay the driver or the entity with which you contracted a cash compensation less than the agreed-upon cash amount, which is (0.37) halalas
deferred, with twenty-five halalas immediate; because this combines usury of excess in a like-for-like exchange and usury of deferment. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.