Participation in funds that include interest : are the additions to provident fund account interest ?
Fatawa Question
Dear scholar, Assalamu Alaikum ! I am a government servant. Some amount of money is deducted from our salary and is put in provident fund every month, and 15 % interest is also given on this amount. Is this Halal from Islamic point of view, or is it Riba.
Fatwa
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Publication Date
2003-02-24
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726575
American Psychological Association (APA)
Qahf, Mundhir. 2003-02-24. Participation in funds that include interest : are the additions to provident fund account interest ?. .
https://search.emarefa.net/detail/BIM-726575
Modern Language Association (MLA)
Qahf, Mundhir. Participation in funds that include interest : are the additions to provident fund account interest ?. 2003-02-24.
https://search.emarefa.net/detail/BIM-726575
American Medical Association (AMA)
Qahf, Mundhir. 2003-02-24. Participation in funds that include interest : are the additions to provident fund account interest ?.
https://search.emarefa.net/detail/BIM-726575