Conventional Vehicle Leasing Through Toyota Financial Services: Is It Permissible? Question Assalam O Alaikum Wa Rahmatullahi Wa Barakatuhu, I have a question regarding conventional vehicle leasing offered by Toyota dealerships in Canada through Toyota Financial Services. The lease agreement includes a provision for late or missed payment penalties, either as a fixed amount or a … Read more
Rulings on Common Legal Practice Issues: Statutory Interest, Damages Beyond Actual Loss, and Contracts Containing Riba QuestionSalam Sheikhna, I am a practicing lawyer and would like Islamic guidance on several issues that commonly arise in legal practice. Question 1: Pre Judgment and Post Judgment InterestIs a Muslim lawyer Islamically accountable for requesting and enforcing pre … Read more
Is It Permissible to Provide Marine Technical Services as a Contractor to Insurance Companies? QuestionAssalamualaikum dear sheikh. I have a small marine consulting business where insurance clients approach me to request technical inspections and advice on ships, boats, and other marine structures. I do not get involved in approving or denying claims, nor do I … Read more
Is It Permissible to Purchase Short-Term Event Insurance to Rent a Hall for a Sisters-Only Gathering? QuestionAsalamou aleykoum,I’m planning a small sister-only gathering to celebrate moving into my husband’s home after my nikkah. My current apartment is too small to host everyone, so I’m looking into renting a small hall. Most venues I’ve found require … Read more
Professional Liability Insurance for Dietitians in Canada QuestionAssalam alaikum wa rahmatullahi wa barakatuh! I was wondering if you are familiar with services that provide professional liability insurance for dietitians in Canada that aligns with Islamic principles (takaful). In order to have and to maintain the permit of dietitians, it entails the following rules: College of … Read more
QuestionAs-salamu alaykum wa rahmatullahi wa barakatuh. I have a question about tenant’s (renter’s) insurance. If a landlord requires tenant’s insurance as a condition for renting an apartment, are we allowed to purchase it? And is tenant’s insurance considered a necessity for living in a rental property in Edmonton? Jazakumullahu khayran. AnswerAlhamdulillah, wassalatu wassalamu ala rasulillah, … Read more
QuestionSalam, I was told it was required to get the lowest coverage insurance for my vehicle in Canada because insurance is haram. When leasing or financing a vehicle it is required to obtain full coverage insurance by the company leasing or financing the car to you. Question #1 – Is obtaining full coverage insurance for … Read more
QuestionWhat is the ruling on purchasing full (comprehensive) insurance in Islam? AnswerAlhamdulillah, wassalatu wassalamu ‘ala rasoolillah, wa ‘ala alihi wa sahbihi ajma‘in. Insurance is a modern financial product that did not exist in classical fiqh, so the scholars have had to analyze it according to the principles of Shariah. Full or “comprehensive” insurance covers not … Read more
Question:Is it halal to lease a car if the owner is not financing it? Since I’m not owning the vehicle and I don’t plan to buy it at the end, can I consider it as renting a car? Is it permissible to have full insurance coverage for the leased car? And who is supposed to … Read more
Can I have disability or life insurance? Question: Are Muslims allowed to have disability or term life insurance in non-Muslim countries like Canada, where there are no well-recognized alternatives like takaful, and families might suffer without such support? Short Answer: No, it is not allowed to take life insurance—including term life insurance—according to the consensus … Read more
QuestionDoes in-house financing for vehicles always comply with Shariah? Or are there any specific requirements we should follow? Answer: Praise be to Allah. Firstly: The principle of financing in Islam Financing in Islam must comply with the principles of Shariah, which forbid riba (interest) and emphasize valid contracts, clear terms, and ownership of goods before … Read more
1. Q: What is the Islamic concept of hibah (gifting), and how should it be practiced? A: Hibah is giving something to someone without expecting anything in return. It is done sincerely for the sake of Allah. If a person gives a house, money, or furniture and intends no repayment, then it’s a valid hibah. … Read more