Is the monthly salary received from the professional syndicate after retirement considered permissible, given that it is in exchange for symbolic annual subscriptions, and that we do not work in the syndicate's field?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to receive a retirement pension from a cooperative insurance institution if the funds are invested in permissible ventures. However, if they are invested in usurious banks or prohibited activities, then participation is not allowed except out of necessity. In such a case, the participant should only take what they paid in and dispose of any excess by giving it to charitable causes, as it is unlawful money.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/47654
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 47654
- 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