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UK: Sharia car insurance now available

Aug 17, 2008 7:48 am By Robert Spencer

You no longer have to be concerned that your insurance company is speculating in hog futures. Britain is becoming more diverse, which means Britain is becoming Sharia compliant. One day, if this trend continues, Britain will discover that Sharia is not quite as kuffar-compliant as British officials might imagine.

“Sharia car insurance: For the first time, Muslims can buy policies in line with Islamic law,” from the Evening Standard, August 17 (thanks to Bark):

Muslim drivers are, for the first time, being offered insurance that obeys the teachings of the Koran.

Salaam Halal Insurance provides the same services as conventional companies but it is compliant with Islamic law. This means it cannot invest in any organisation associated with gambling, alcohol or pork. It is also not allowed to take financial risks or speculate with revenue.

Halal insurance — known as takaful — differs from standard British products because the risk is shared between policyholders. Drivers pay into a fund, which is then invested in sharia-compliant ventures and any profits are put back into the fund.

Claims are paid from the pooled sum and any surplus cash is distributed in the form of a discount for the following year’s premium. This is in addition to any conventional no-claims bonus….

Chief executive Bradley Brandon-Cross said: “˜The face of Britain is changing and it is the responsibility of British institutions to cater for such changes and welcome diversity.”

Sure. But will diversity ultimately welcome them?

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