• Transactions & Dealings >> Other Transactions

    Question ID: 4215Country: India

    Title: I am a surgeon working in Mohali,Punjab 1.Recently I got health Insurance of my family.Is it Allowed in Islam? 2.I am planning to buy car on loan.Is allowed in Islam?

    Question: Assalamu Aleykum I am a surgeon working in Mohali,Punjab 1.Recently I got health Insurance of my family.Is it Allowed in Islam? 2.I am planning to buy car on loan.Is allowed in Islam?

    Answer ID: 4215Posted on: Sep 1, 2020

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 850/733=B/1429)

     

    (1) No, As per Islam it is impermissible.

    (2) Paying money in instalment with interest on buying a car on loan is not allowed. If you fix all the instalments including interest as total price of the car and purchase the car on the total price then keep on paying the instalments. In this way, buying a car will be permissible.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India