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Shafi'i Fiqh

The Permissibility of Subscribing in Staff Provident Funds is Based on the Investment Method

 

I work in a company and it has a staff provident fund where the latter income is based on a deduction of 4% from each employee's salary on a monthly basis; in return, the company pays 5% of the employee's salary and the amount saved for each one that is 9% of his salary. It is worth mentioning that the subscription in this fund is voluntary; thus, unsubscribed employee won't be paid the 5% percent by the company.

In the past few years, funds used to be managed through commodity investment which is based on Islamic Murabaha and the profits out of this investment were distributed at the end of each year to subscribers only. Lately, a new administrative committee was elected but it didn't abide by lawful financial transactions ;rather, it facilitated some transactions and loans that don't comply with Islamic Sharia, the question is:

Am I permitted to keep my subscription in this fund and benefit from my deposited basic capital which is 9% of the salary's value, as mentioned above, in addition to waiving and denying all of the other profits gained from an illegal investment? Or should I withdraw from the fund once and at all; and consequently, I will lose the (5% out of my salary value) which was paid by the company to subscribers. Although a lot of violations took place such as authorizing the purchaser to pay the value of the goods and at the same time taking delivery by himself without any interference by the fund.  

Shafi'i Fiqh

Changing an Endowment isn`t Permissible

A Zakat committee intends to use a mosque`s accommodation (Which isn`t fit for living as indicated by the report of the Ministry of Awqaf). Thus, it was suggested that the committee rents an accommodation for the Imam at its expense, or pays a rent in return for using that accommodation in delivering its various activities, or that a doer of charitable actions rents a house for that Imam. The reason for this is that the Zakat committee is precisely against the mosque itself, serves the people of that neighborhood in specific and there aren`t vacant flats near that mosque. What is the Islamic ruling on this?

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