Is compulsory life and medical insu...

Egypt's Dar Al-Ifta

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?


1- In Islamic law, insurance is permissible and thus you are not blameworthy.

2- This is permissible in Islamic law so long as you abide by the prescribed time for paying back.

3- This is permissible in Islamic law.

4- In Islamic law, it is permissible to buy in installments through the bank or
housing companies, even when the price in case of installment is higher than cash payment.

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