The Ruling on Subscribing to Commercial Insurance Companies
Machine translationRead the Arabic original
Question:
The second question: Is subscribing to insurance permissible, O Shaykh? May Allah reward you with good. Regarding subscriptions in some companies, O Honorable Shaykh, what is their ruling in the Shari'ah?
Answer:
No, he is asking about insurance. Insurance is not permissible. Commercial insurance is not permissible because it is consuming people's money by means of falsehood. Commercial insurance is not permissible. Yes.
The second question: Is subscribing to insurance permissible, O Shaykh? May Allah reward you with good. Regarding subscriptions in some companies, O Honorable Shaykh, what is their ruling in the Shari'ah?
Answer:
No, he is asking about insurance. Insurance is not permissible. Commercial insurance is not permissible because it is consuming people's money by means of falsehood. Commercial insurance is not permissible. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 1787 - حكم الاكتتاب في شركات التأمين التجاري - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.