Mufti Online — Madrasah Ta'leemuddeen

Donating interest accrued in a provident fund

· 17 Jumada I 1439 AH1 min readEnglish

Question

I have a saving dividend (interest money) with my provident fund and will receive it when I resign or retire. Without expecting reward from Allah Subhanahu wa Ta'ala, may I donate the money to needy people from my current income?

Answer

You will give it out after you have received it.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
View original Compare with other Darul Iftas
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/24273
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-24273

People also ask

Are pension funds and retirement annuities permissible?

“We are not aware of any provident fund policies that are Shariah compliant, hence one should refrain from voluntarily subscribing to a provident fund. If one has already subscribed to a voluntary provident fund, then benefitting…”

Ibn Masood · 135 fatawa from 8 Darul Iftas on this

What the Darul Iftas say

Related fatawa