Can insurance be Islamic?

Can insurance be Islamic?

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Is compulsory life and medical insurance permissible ?

1- My company takes money away from my salary to give me compulsory life and medical insurance. I cannot change it as they have said that this is compulsory. I don't know whether there is any RIBA involved in these insurances or not and also don't know if they invest the money in haram actions. What should I do?

2- Is borrowing money on credit card Haram if they give you 0% interest free deal for a period of time but charges you a balance transfer fee for it. After the introductory period the bank would charge interest(RIBA) if one did not payback all the money?

3- My Bank where I borrowed money for a house where I live in stipulates that I should have Building Insurance in place in case there is a damage to the building? Is this haram and what should I do?

4- I bought a house from a bank in a non muslim country to live in with my family. I paid them deposit and in the house deeds the bank has a legal charge, I pay them interest (RIBA) on the money I borrowed monthly. What should I do?
 

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