Insurance & Partnerships

I work as a customer service representative at Walmart where I provide info regarding products sold by the supermarket. Walmart collaborates with SquareTrade, which provides insurance plans for products sold at Walmart. However, as a Walmart CSR, my role does not involve providing details about insurance plans. Customers sometimes mistakenly enquire about insurance for products,…

Assalamu alaikum mufti sahab My question is can we accept gifts from insurance companies ? One of my local mufti said that it is permissible to accept gifts from insurance company because the money of insurance company having is people's money and they are investing people's money in business so that's why it is permissible…

I hope and pray that when you receive this communique, that you are enjoying the best if health and spiritual well-being, إن شاء الله ﺗﻌﺎﻟﯽٰ. We've recently been requested by our company to complete beneficiary forms for a group cover that the company has taken on our behalf. The group cover is with old mutual…

Assalamu alaikum. Hope you are keeping well mufti sahib. I attained a master card debit card which grants me free travel insurance. When I was travelling to Turkey, it was a requirement to get travel insurance and as mentioned above, my card company gave me free travel insurance. On my return, my flight was delayed…

Is car insurance is allowed bcz i hv recently buy a new car and i am worried that it can be stolen or might have an accident so can i insured my car so that i hv no worries regarding my car

I currently live in Bangladesh. My father suffers from Liver Cirrhosis. I have plans to do Masters or PhD from USA. It is recommended for my father to do liver transplant. But Currently I liver transplant is not available in Bangladesh. And in India it will cost 1-1.5 crore Bangladeshi Taka(currency), which the cost is…

assalamu alaikum. may allah have mercy on you. I am going to start business with my brother who is a running business man. we have come to a contract that I will join in his business as a partner but with no investment from my side and in case of profit I will take 40%…

salam. I have a small amount of cash money and I want to give that money to my friend to do business with that money and to share profit with me but In case of loss I do not want to share loss with him because of my extreme poverty and my friend is agree…

Assalamualaikum Sheikh, I have hire car business and I give Cars on rental basis per month and drivers usually use the car for Uber or any ridesharing services. My contract with the driver is to cover only car servicing & car maintenance and NO insurance included as I know that it is not allowed. Drivers…

Assalamualaikum, my parents bought for me 2 different insurance policies for me a couple of years back. One of the policy is that I have to pay premiums for 10 years and I'll be covered for death and terminal illness until the policy matures which is around 50-60 years laters. The other policy is an…