The Ruling on Commercial Insurance
Machine translationRead the Arabic original
Question:
May Allah reward you, Your Eminence, father. The questioner asks: What is the ruling on vehicle insurance? And what is the difference between it and insurance for a license?
Answer:
All commercial insurance is not permissible, whether for life, vehicles, or goods; it is all not permissible because it is consuming wealth unjustly. It is all forbidden; commercial insurance in all its forms is forbidden. Yes.
May Allah reward you, Your Eminence, father. The questioner asks: What is the ruling on vehicle insurance? And what is the difference between it and insurance for a license?
Answer:
All commercial insurance is not permissible, whether for life, vehicles, or goods; it is all not permissible because it is consuming wealth unjustly. It is all forbidden; commercial insurance in all its forms is forbidden. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [865- 4717] حكم التأمين التجاري - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.