Renting a place to a person selling Motor(Vehicle) Insurance

· 20 Dhuʻl-Qiʻdah 1424 AH1 min readFatwa 10663English
Finance and Commerce

Question

Is it permissible for a muslim to rent a shop premises to a person who is going to use it for selling Motor (Vehicle) Insurance?

Answer

All conventional insurances are prohibited as they contain elements of interest and gambling in them. It is not permissible to hire one?s premises for selling insurance.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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