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The question

Is saving in a pension and social security fund, from which a monthly salary is paid to the worker after retirement, considered usury (riba)?

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

This type of guarantee is impermissible because it involves forbidden usury. All types of insurance are unlawful, except for cooperative insurance.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
49499
Imported
Translation status
Source text, unreviewed
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