Are pension plans permissible ? aren’t they a kind of insurance ?

السؤال

Assalamu Alaykum my question is concerning pension plans, I'm working with a multinational company and we have a subscription with a private insurance company in Morocco for an insurance plan and a pension plan. The pension plan is as follow i pay 6 % of my monthly salary and the company in which I work 6 % to the insurance company and at the age of 60, I have the right to three options : 1-to get the amount accumulated at ones 2-to get a monthly amount for 10-15 years 3-to get a certain monthly amount until the end of your life. The problem is as follow, the amount that I'm paying each month there is a minimum rate of 4.5 % guarantied but the right benefit of each year is calculated according to the benefits that the insurance company has had each year with this money and is normally between 6 and 8 % per year. I don't have any idea where and how the insurance company is investing their money and I don't have the possibility to know. Is this kind of pension plan allowed by Islam or not ? many thanks and god bless you. Assalamu Alaykum.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-03-30

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• رواتب التقاعد
• التأمين
• الأموال
• الفائدة
• الأعمال التجارية
• شركات التأمين

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-724441

• APA
• MLA
• AMA