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IslamiCity > Business & Finance > IC Finance > Insurance   Welcome to IC Finance Information & Services  O ye who believe! Devour not usury, doubled and multiplied; but fear Allah. that ye may (really) prosper. Qur'an 3:130 (Arabic) - Recite   Insurance Commercial Insurance has been deemed unacceptable under Islamic Sharia law by many scholars. However, many scholars have allowed car and home insurance whenever there is no Islamically accepted alternative available. Islamic Alternatives for Commercial Insurance. Takaful USA Provides an Islamic alternative to commercial insurance for individuals, schools, mosques, and businesses.

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