Question ID: #4004
Question: Purchasing or selling travel insurance
Is it permisable to purchase or sell Travel Insurance? If not permisable, what should i do with the money i make from selling it?
Jazakalah khair
Answered by: Ulamaa ID 04 (London)
Date: 25/06/2008 00:38am


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

It will not be permissible. Also, the money that you made from selling the insurance is Haraam and must be given to those eligible for charity without any hope for reward.

Please refer to:

And Only Allah Ta'ala Knows Best.

Mufti Qamruzzaman

London, UK