Car insurance especially designed for muslim drivers
I was reading the news earlier this week and found that there is a new product in the insurance market, a new kind of car insurance targetting mainly muslim drivers. It is called halal car insurance and is Shariah compliant. What this means is that muslim drivers will now have access to an insurance cover which is inline with their faith. Muslim drivers did not have any choice before and had to go with conventional car insurance which contradicts the Islamic law.
Other similar products have been around a while now like halal mortgages and Shariah loans but for the car insurance industry, it is a first of its kind.