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The question

Is it permissible to subscribe to the Emergency Aid Fund that the university pays to employees after death, in exchange for a small monthly sum that does not cover the amount paid to the heirs?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

There is no objection to establishing an employee fund based on donations for the purpose of mutual support, provided that the university acts merely as an agent in disbursing entitlements or investing the funds in permissible ways. However, if the contract were an exchange-based contract, this would involve (excessive uncertainty/risk) and gambling.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
131344
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy