The Ruling on Compulsory Cooperative Insurance for Companionship
Machine translationRead the Arabic original
Question:
May Allah reward you. He asks: What is the ruling on compulsory cooperative insurance for companionship?
Answer:
You pay it as if it were a tax, but you do not benefit from it. If an accident occurs, you cover the costs of the accident from your own wealth. You cover the costs of the accident from your own wealth, and you do not take from the people's money through the insurance, because these are the people's funds. Yes. But you pay it if they do not issue a license unless you pay it; you pay it on the basis of dire necessity, and it becomes like a compulsory tax. Yes.
May Allah reward you. He asks: What is the ruling on compulsory cooperative insurance for companionship?
Answer:
You pay it as if it were a tax, but you do not benefit from it. If an accident occurs, you cover the costs of the accident from your own wealth. You cover the costs of the accident from your own wealth, and you do not take from the people's money through the insurance, because these are the people's funds. Yes. But you pay it if they do not issue a license unless you pay it; you pay it on the basis of dire necessity, and it becomes like a compulsory tax. Yes.
Source
التأمين الإلزامي التعاوني على الرخصة — alfawzan.live
The Arabic text is a machine transcription of the audio recording.