Retirement and provident funds

Answered by 

Q: Is Retirement Funds /Provident Funds etc.for Islamic Institutions towards Imams/Islamic Teachers/Muezzins/Apas permissible In Islam. Not forgetting elements of interest or their funding partners whether Halaal.

Bismillaah

A: No.

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

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

Tags: Interest

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