Q: 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.
A: The provident fund contains the elements of gambling and interest. Hence one should refrain from it.
And Allah Ta’ala (الله تعالى) knows best.
(Scroll down for more information regarding this question)
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
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)