i am working in private sector.i want to ask about GP FUND. our company detect 8% of my salary every month and company add 8%of my salary in this fund. my one salary and company add one salary amount(total double amount in my fund).when i resign , company give me this double amount and one year profit on this amount.if i perform 5 year then company give me five double salary and profit on it.is it ok or not according to islam.
Answer:
(Fatwa: 1827/1448/B=1431)
Yes, taking the five double salaries with profit is right. It is a gift from the government for performance of an employee. It is not interest. Of course, it is lawful to take it and use in all your requirements.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband