Mufti Online — Madrasah Ta'leemuddeen

Keeping the returns from a mandatory government retirement fund

· 11 Rabiʻ I 1446 AH1 min readEnglish

Question

I have subscribed for GPF. The government forcefully deducts some amount like 5k each month. At the end of retirement, govt. will return that principle amount and the amount of interest over it.

Can I keep some amount of interest money equivalent to the money devaluation I faced over the years ?

Answer

If this is mandatory from the side of the government, then you can keep all the money they give you at the time of retirement.

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

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/35098
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-35098

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