May 6, 2020 | Interest
Student Loans Question Assalamualaikum, I need to know if it is permissible for me to take out interest based student loans to fund my education which I cannot afford otherwise out of pocket. Jazakallah. Answer بسم الله الرحمن الرحيم الجواب حامدا ومصليا ومسلما In...
May 6, 2020 | Insurance
BitCoin and home insurance Question Salaam, How are you? I hope you’re doing well. I have a couple of questions that I was hoping you might be able to answer for me: 1) Have you heard of BitCoin? Is it a halal investment option? 2) Is home insurance permissible?...
May 6, 2020 | Insurance
Car insurance Question Assalamu Alaykum I would like to know if the state required insurance on the market is higher price ($800-$1000/six months) than higher benefit insurance ($600/six months), is it permissible to buy the cheaper, higher benefit insurance? Most of...
May 6, 2020 | Insurance
Free life insurance as a benefit of employment Question Assalamu’alaikum My husband’s work offers life insurance as part of their benefits package, is this halal? he is not required to sign up for it to receive the insurance, that’s separate, but he...
May 6, 2020 | Insurance
Health Insurance Question Assalam Alaykum Warahmatullah Wa Barakatuhu, In current situation, that everyone should have the health insurance. Is it permissible in Islam to purchase the health insurance. Please let us know about it. Answer بسم الله الرحمن الرحيم الجواب...
May 6, 2020 | Insurance
Leasing a car and applying for full coverage insurance Question Assalamualikum, is it allowed to lease a car, because in order to lease one must have full insurance, is this allowed? 2- because of insurance the normal cost to make any repairs is very high. Is it...
