The Ruling on Car and Life Insurance
Machine translationRead the Arabic original
Question:
He says: I have insured my car with an insurance company and pay an annual premium. The year passes and I suffer no loss or damage, but when I pay this premium, I intend in my heart to use that amount to help other people who have applied to this company. What is the ruling on my action? And what is the ruling on life insurance?
Answer:
Insurance is not permissible in any of its forms, whether for life, for a car, or for anything else. Insurance is forbidden because it is consuming people's money by means of falsehood. You say that you intend to give charity to the needy. My brother, if you want to give charity to the needy, you do not need to go to insurance. Pay it directly to the needy, or pay it to charitable organizations, and they will act on your behalf in giving it to the needy. There is no need for you to go and put it into what is forbidden, into riba (usury or interest), and into
He says: I have insured my car with an insurance company and pay an annual premium. The year passes and I suffer no loss or damage, but when I pay this premium, I intend in my heart to use that amount to help other people who have applied to this company. What is the ruling on my action? And what is the ruling on life insurance?
Answer:
Insurance is not permissible in any of its forms, whether for life, for a car, or for anything else. Insurance is forbidden because it is consuming people's money by means of falsehood. You say that you intend to give charity to the needy. My brother, if you want to give charity to the needy, you do not need to go to insurance. Pay it directly to the needy, or pay it to charitable organizations, and they will act on your behalf in giving it to the needy. There is no need for you to go and put it into what is forbidden, into riba (usury or interest), and into
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم التأمين على الحياة؟ وهل يجوز دفع التأمين بنية مساعدة الغير إن لم تحدث خسائر؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.