Is it permissible to join the pension and social security system, knowing that the authority's investments involve commingled funds and a sharia-compliant portfolio cannot be allocated, and that joining the system is optional?
If the insurance is cooperative and mutual, as described by the Fatwa Committee, then there is no harm in subscribing to it. However, if it is not, and subscription to it is optional, then it is not permissible to subscribe to it.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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