Is it permissible to enter into an insurance contract if you are in a land of disbelief?
Machine translationRead the Arabic original
Question:
I am a resident in France, and the law there compels anyone who wants to buy a house or open a shop or commercial establishment to enter into an insurance contract for that house. Is that permissible for me?
Answer:
Insurance is not permissible, neither in the lands of Islam nor in the lands of disbelief. Insurance is consuming wealth unjustly, so it is not permissible. It is not permissible for you, neither in France nor in Riyadh nor in any place.
I am a resident in France, and the law there compels anyone who wants to buy a house or open a shop or commercial establishment to enter into an insurance contract for that house. Is that permissible for me?
Answer:
Insurance is not permissible, neither in the lands of Islam nor in the lands of disbelief. Insurance is consuming wealth unjustly, so it is not permissible. It is not permissible for you, neither in France nor in Riyadh nor in any place.
Source
قناة «العلامة الدكتور صالح الفوزان»، [954- 4717] هل يجوز عقد التأمين إذا كنت في بلاد الكفر؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.