Halaal pension funds

Dec 1, 2021 | Insurance

Question:-

Are there any Halaal pension fund that is approved by your Fatwa department?

Answer:-

We are not aware of any voluntary pension schemes that are ‘Halaal’ or ‘Shariah compliant’ even though the funds may be invested in Halaal avenues, hence we advise abstention.

ALLAH TA’ALA KNOWS BEST!

ANSWERED BY:

Mufti Mohammed Desai

Date: 26 Rabi-ul-Aakhir 1434 / 01 December 2021

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