House insurance for break-ins, and damage...

[Mujib]

House insurance for break-ins, and damage: is it haram?
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Answered by Mufti Muhammad ibn Adam al-Kawthari

Answer: In the name of Allah, Most Compassionate, Most Merciful,

Yes, this type of house insurance or goods insurance is unlawful (haram) and should be avoided. All types of prevalent insurances are unlawful, for they have an element of either Riba, chancing or both, as has been explained in detail in many earlier posts. Search the archives on //www.sunnipath.com

And Allah knows best

Muhammad ibn Adam al-kawthari
Darul Iftaa, Leicester, UK
//www.daruliftaa.org


Please see the following links:

Islam's position on prevalent forms of insurance
http://www.sunnipath.com/resources/Questions/qa00000382.aspx

Insurance Claims
http://www.sunnipath.com/resources/Questions/qa00000371.aspx