What is the ruling on insuring a car against third-party liability, and what is the ruling on comprehensive insurance?

The questioner:
He asks: What is the ruling on insuring a car against third-party liability? That is, in the event of an accident, God forbid, between the insured car and another car, the insurance company in this case compensates only the other party, meaning for any damage to the driver of the other car or those with him, or for any damage to his car. Also, what is the ruling on comprehensive insurance, which here includes compensating both parties together for damage to lives or property.

The Shaykh:
Commercial insurance in all its types, including car insurance, personal insurance, health insurance, cargo insurance, and building insurance; commercial insurance in all its types, which aims at investment and profits, is strictly forbidden because it contains gharar (excessive uncertainty in a contract), ignorance, risk, and consuming people's wealth unjustly. These fines that are paid, which may be huge fines, do not come from the pockets of those who work in insurance, but from the pockets of the poor who took their money and spent it on others. So they give this from this person's money unjustly and oppressively, and they are the winners in what remains of these fines. They manipulate people's money and consume it unjustly and oppressively, and have it consumed by others unjustly and oppressively. It is obligatory for the Muslim to rely on Allah the Mighty and Majestic and to depend on Allah, and if something befalls him, he bears the fine or the like of it himself. It is said in the athar or in the hadith: This is not a matter of cooperation as they say, but rather a matter of investment, consuming people's wealth unjustly, and trading in misfortunes, accidents, and disasters. This is the intent: manipulating people's money and consuming it unjustly, with risk, with gharar (excessive uncertainty in a contract) and ignorance, and so on. What are the great harms resulting from insurance in its various types?

The presenter:
May Allah reward you with good, and may He do you good. Does this include partial insurance and full insurance?

The Shaykh:
Yes, it includes all commercial insurance that aims at investment and the return of profits to the participants. As for correct cooperative insurance, which is not actually called insurance, but rather cooperation, it is that a donation is placed by a group or a set of people, and donations are collected. If one person is struck by a disaster or calamity, he is helped from this money, without any of the profits or benefits that they invest from those collections returning to the participants. The purpose of this fund, or this sum of money, is only to assist the needy. This is true cooperation, and we do not call it insurance, but rather cooperation for the needy. Yes.