Is it haram to use pension money received from Bank?
Published as Pension fund payouts
Question
Assalamwalaikum.. My mother gets pension every month from an interest based bank. I have my own income and live with my mother, father and wife in the same house. Most of the monthly expenses are paid from the pension money. Is it haram to use pension money received from Bank ? If yes, will I be sinful if some of the expenses are paid through the pension by my father since I live with them.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykumwa-rahmatullāhiwa-barakātuh.
In order for us to advise you, explain the details and background of the pension fund. Furthermore, was the pension fund compulsory or was it voluntary? You may send your clarification to admin@daruliftaa.net , Ref. Ikraam Elias Gangat.
And Allah Ta’āla Knows Best
Ikraam Elias Gangat
Student DarulIftaa
Zambia
Checked and Approved by,
Mufti Ebrahim Desai.
- Answered by
- Ikraam Elias Gangat
- Checked & approved by
- Mufti Ebrahim Desai
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/47362
Fatawa SA: https://fatawa.co.za/fatwa/askimam-47362
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