What is the ruling of Islamic law on establishing a fund for employees based on deducting a percentage from their salaries, with support from the company, from which loans and bonuses are disbursed to employees under specific conditions, with the deducted amounts being returned to the employee upon termination of service?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
There is no objection to participating in the aforementioned fund and benefiting from its cooperative and solidarity services among employees, provided that Islamic legal guidelines are observed in investing its funds, if they are indeed invested.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/133971
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 133971
- 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.
- Read the full ruling
- Read the full answer on Ftawy