What is the Position of Scholars on Insurance? | Shaykh Dr. Yasir Qadhi | Q&A #15

[@EggrollYt]

Great speech jazakalah khair

[@johnrexel991]

MashaaAllah, jazzakhallah khair sheikh...

[@maymunasavant1687]

Mashaallah excellent lecture. Shukran.

[@amanabdslm2341]

May Allah reward u for the good deeds u do all z years .....i learned a lot from u ya shaikh....shookran khateer

[@KamranSher]

جزاكم الله خيرا كثيرأ كثيرا

[@roberthannah7983]

We all agree gharar (risk) is something to be avoided. Insurance and takaful reduces the gharar (risk) associated with unfavourable events like fire, theft, accident. So it is a good thing. The approach sharia has of looking at each contract in isolation does not make sense in risk management.

[@FinalJourney]

Alhamdulillah 💜 আলহামদুলিল্লাহ খুব সুন্দর 💜 মাশাল্লাহ হায়াকাল্লা আল্লাহ শায়খ কে হায়াতান্ তাঈয়ীবা দান করুন. جزاك اللهُ خيرًا এরকম নসিহত পূর্ণ মোটিভেশনাল পোস্ট আরো চাই...জাযাকাল্লাহ...!

[@mnizam84]

Jazakallahu khair..

[@MohammedSaad-pj3vv]

Excellent lecture by a decent lecture

[@dbcooper28]

Regarding the European fatwa council, unfortunately, nobody knows them, I have seen a book about 10 years ago other than that nothing, they need a website in all of the major European languages a way for people to send their questions and maybe a youtube channel. wa Allahu A'lam

[@TheTruth-fully]

Our shaykh kept on saying "interests" while he meant "insurance". This is just a footnote for those of you who are confused.

[@ImranAli-tm3rq]

Insurance- nobody wants to pay insurance but you are paying for peace of mind. A small accident can result in a 100,000 dollar bill up front...that is the world we live in.

[@damhanaher]

Excellent lecture. Such clarity of logic mashallah. Just a small annoying slip of language which continued though out the lecture was calling interest when he meant insurance.

[@syeda9749]

The security guard example does not hold water because in that example case you are purchasing a service that is tangible. Alhamdulillah for Allah's guidance to avoid insurance. And Allah knows best.

[@mouhamadoutaffa5064]

10:20 do exist in Africa and Caribbean countries and even in their communities in western countries. It's called partner but it's not for insurance purposes it's done as an alternative to loans.

[@jamarmckay2209]

Yeah I remember it growing up in Jamaica, partner in patois we say pardna!

[@yazdes]

Al Ansar Finance exists here in Manchester, UK.

[@kingmoe1545]

At 10:20 It does exist in Yemen and also the Yemeni community does it here in USA

[@muhammedshanushan3931]

When he quoted a scholars in 8:33 saying about a hypothetical situation I was thinking about security guard,but in 31:13 it was mentioned

[@practicalislamicfinance]

how was it explained?

[@muhammedshanushan3931]

Practical Islamic Finance Yeah not explained,just mentioned

[@azizabelal2583]

الله سبحان و تعالى اجر و ثواب دنيا و آخره نصيبت كند يگانه سؤال كه نمى دانستم همين بود انگلسى ميداني اما نوشتن مشكل مگر اگر سؤالى داشته باشيم ؟چه كار كنيم

[@practicalislamicfinance]

I've responded to all of these arguments.

[@abdelhakyac7285]

so? if you can resume it?

[@SA-og5nq]

Your arguments don't hold much weight. Anyone can respond to arguments.

[@wahidemran833]

What about medical insurance where you are paying for a service and not expecting a financial payout

[@saibodanfakha5415]

Salam Aleykoum, where can i send my questions if i want the Sheikh answer it ?

[@mohammedtalukder8412]

JAK, correction- insurance companies don’t necessarily always invest in guaranteed return like bonds etc. They do invest in mutual funds, ETFs where there is no guarantee of return; sometimes, they lose money too.

[@thelionprince4530]

i believe he meant to explain Low risk investments

[@thelionprince4530]

takafful insurances exists here in Malaysia......alhamdulillah

[@islammuzahidul6524]

Well, u r lucky because your government is onboard.

[@thedarknight8236]

17:55 hahaha I am literally at a buffe right now. I am watching this lecture at the same time.

[@ExCoSeH]

wow bro what are the chances

[@MAKIN54]

Sir, period of life is also uncertain. What do you say about this. (Are we living haram life)

[@kainatfatima8740]

So would subscription boxes be haram then?

[@KitchenKid]

realistically no, your not gambling away your money and it is assured that you will get the thing or things you want, unlike insurance where you don't know if you will need it or not

[@abdelhakyac7285]

the video is at half, insurance is already haram........... still half of the video? what will happen then?? what a thriller

[@MAKIN54]

Please answer me back. I will be obliged.

[@spouzmaisalimi5759]

Salam alaikum Sheikh, it’s very confusing since you started talking about insurance and then you keep on talking about interest. I don’t know if you mean interest or insurance.

[@umer_k7618]

You see,his point is,insurance is impermissible because of several reasons,including that *it* includes interest

[@salmanmuslehuddin4078]

Yeah, he mistakenly said “interest” instead of “insurance” in a couple of places. May Allah bless Sh Yasir Qadhi!

[@farhaanadam2609]

@@salmanmuslehuddin4078 I don't think the sheikh has erred here. It is a well settled principle of Shari’ah that every transaction between two parties in which the payment by one party is certain and mandatory while payment by the other party depends upon a contingency (which may or may not occur) is included in qimar and gharar and is therefore unlawful. Similarly When an individual buys an item on this basis, then on paying back, he has paid more/less than what was loaned. This is interest which is haram. Any excess payment made over and above the principal amount is riba and thus haram. Allahu a'lam

[@salmanmuslehuddin4078]

@@farhaanadam2609 Yes, that part I understood, I think what spouzmai salimi was referring to is that the shaykh mistakenly said "Interest" instead of "Insurance" in a couple of places. Listen to the sentence starting at around the 11:08 mark. He says " since Interest began in the 17th century", Obviously, he meant to say Insurance. I think (but am not sure) that the same mistake happened in one or two other places too..

[@mouhamadoutaffa5064]

Is there car insurance in Muslim countries like Saudi Arabia? If so how does it work?

[@ramdhanwardhian3347]

In Malaysia we have both conventional insurance and takaful

[@moukbu4235]

What if it is a government law to take out insurance otherwise you cannot drive without the car being insured for example...

[@SA-og5nq]

Then the best thing we can do is remove that government.

[@moukbu4235]

@@SA-og5nq oh shut ap bro.. Ur approach is fitan.. 19 year old off the streets the other day all of a sudden awliya

[@damhanaher]

Excellent lecture. Such clarity of logic mashallah. Just a small annoying slip of language which continued though out the lecture was calling interest when he meant insurance.