Pension fund

Submitted by admin on Sun, 2016-01-03 07:50

Q: In addition to the Provident fund question asked, does the same apply to the Pension fund? How will I know if and how much of interest has been accumulated over the years and how do I calculate? Do I ask the company how and where was my pension fund invested.

A: Yes. However if it was mandatory in his contract, then the money will be permissible.

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

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

Category:

Business and Dealings›Interest and Gambling›Provident funds

Labels:

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