Provident fund
Question
Is the provident fund halaal or not?
Answer
It is not permissible to voluntarily subscribe to it.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/34577
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-34577
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“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
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