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The question

What is the ruling on subscribing to the social security for expatriates, which deducts 14.5% of the salary and pays a retirement pension upon reaching retirement age or disability, knowing that the institution invests its funds in fields, some of which are permissible and some are not?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to subscribe to social security on condition that its funds are not deposited in usurious banks except out of necessity and only in a current account, provided there are no Islamic banks available, and that these funds are not invested in prohibited or suspicious areas, and that one adheres to their rights and obligations according to Islamic Sharia. It is permissible to subscribe to insurance that contains a Sharia-prohibited element if it is compulsory and abstaining from it would lead to harm, with the obligation to dispose of the proportion of unlawful money when receiving the right.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
45867
Imported
Translation status
Source text, unreviewed
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