{"id":9926,"date":"2018-02-26T18:21:30","date_gmt":"2018-02-26T18:21:30","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=9926"},"modified":"2018-02-26T18:21:30","modified_gmt":"2018-02-26T18:21:30","slug":"contributing-to-pension-schemes","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/contributing-to-pension-schemes\/","title":{"rendered":"Contributing to pension schemes"},"content":{"rendered":"

\n\tFatwa ID: 02419<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\tAnswered by:<\/strong> Maulana Jamal Ahmed<\/span><\/span><\/span>\n<\/p>\n

\n\tQuestion:<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\tI am wishing to enrol for my employer's pension scheme. However, I would<\/span><\/span><\/span>\n<\/p>\n

\n\tlike confirmation first to ensure it is halal.<\/span><\/span><\/span>\n<\/p>\n

\n\tI contribute 10%, and my employer matches it. I believe this is permissible, as it would be considered a gift?<\/span><\/span><\/span>\n<\/p>\n

\n\tIt's really the investment aspect that needs to be reviewed. I invest in the HSBC Amanah fund, and it states it is shariah compliant, but of course from my perspective this needs to be confirmed.<\/span><\/span><\/span>\n<\/p>\n

\n\tJazak'Allah.<\/span><\/span><\/span>\n<\/p>\n

\n\tAnswer<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\t\u0628\u0633\u0645 \u0627\u0644\u0644\u0647 \u0627\u0644\u0631\u062d\u0645\u0646 \u0627\u0644\u0631\u062d\u064a\u0645<\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\tAccording to Mufti Shafi rahimahullah, you should refrain from voluntary contribution towards a pension scheme because it has similarities with Riba.  (Nawadir Fiqh p.325 Vol.1)<\/span><\/span><\/span>\n<\/p>\n

\n\t(Extracted from FatawaRahimiiyah p152 v.3, Nizamul-Fatawa p.213)<\/span><\/span><\/span>\n<\/p>\n

\n\tWith regards to HSBC Amanah, they claim to refrain from all haram investments.<\/span><\/span><\/span>\n<\/p>\n

\n\tThe Fund does not invest in shares of companies whose primary activity involves any of the following goods or services:<\/span><\/span><\/span>\n<\/p>\n