Home » Shafi'i Fiqh » Darul Iftaa Jordan » Doubling Subscriber`s Solidarity Savings at End of Service

Doubling Subscriber`s Solidarity Savings at End of Service

Answered as per Shafi'i Fiqh by Darul Iftaa Jordan
Article(4) of the Social Solidarity System (Solidarity Funds) of the Higher Youth Council Law stipulates that a beneficiary who has completed five years of subscription is entitled to receive double the amount of his/her savings in case of retirement, death or becoming sixty. Is this lawful or forbidden?

Answer:
All perfect praise be to Allah, The Lord of The Worlds, and may His peace and blessings be upon Prophet Mohammad and upon all his family and companions.

It is permissible to lay down regulations for such funds, and the condition mentioned in the above question doesn`t involve any violation of Shariah and thus it must be abided by since the Prophet(PBUH) said, "Muslims are on (i.e. stick to) their conditions."{Related by Al-Hakim}. And Allah knows best.

This answer was collected from the official government Iftaa Department of Jordan.

Read answers with similar topics: