Is it permissible to contribute towards a provident fund?

Published as Provident fund

· 11 Safar 1439 AH1 min readEnglish

Question

I am employed in the motor vehicle industry. Is it permissible to contribute towards a provident fund? The employer contributes 8% of the monthly salary, and 7,5% is deducted from my salary.

Answer

The provident fund contains the elements of gambling and interest. Hence one should refrain from it.

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

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Q: What do I do if the provident fund is binding by law and there has to be some sort of contribution?

A: If it is binding then insha-Allah you will not be sinful.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.

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