Participation in funds that include interest : a compulsory provident fund that operates on interest

السؤال

Assalamu Alaikum. In my country a compulsory provident scheme operates where the contribution is credited to your account with the central bank and interest is also automatically credited. This could only be withdrawn after you attain 55 years of age. Since the interest element comes to you automatically how could I dispose of interest received from the bank ? also how should Zakah be paid on the money ? should it be paid once after receiving the money or annually on the amount with the bank

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-04-30

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• المدخرات
• الربا

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-726571

• APA
• MLA
• AMA