Is saving in a pension and social security fund, from which a monthly salary is paid to the worker after retirement, considered usury (riba)?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
This type of guarantee is impermissible because it involves forbidden usury. All types of insurance are unlawful, except for cooperative insurance.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/49499
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 49499
- 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