Source: http://qa.muftisays.com/?1838
Question ID: #1838
 
Question: Credit from insurance companies
What is the ruling on taking out car insurance from companies buy paying monthly installments, which costs more than paying a one-off fee, if someone cannot afford to pay the one-off fee?
 
 
Answered by: Ulamaa ID 04 (London)
Date: 15/12/2012 16:49pm

Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah's guidance)



Paying for car insurance this way is permissible.



And Only Allah Ta'ala Knows Best.
Mufti Qamruzzaman

London, UK
 
www.MuftiSays.com