Is it permissible to participate in the compulsory pension insurance system, to which the state contributes, knowing that insurance is prohibited?

A distinction must be made between prohibited commercial insurance and permissible Takaful (Islamic cooperative insurance) or cooperative insurance. The pension system is not a commercial financial exchange; rather, it is a right that the state is committed to providing for its employees due to their service to the nation. Social insurance, which the state mandates and sponsors, is a matter of scholarly disagreement among contemporary jurists. However, most of them deem it permissible, and this is the position adopted by the resolutions of the Fiqh Councils, the Council of Senior Scholars, and the Islamic Research Academy.