What is the ruling on company savings programs if the savings are without investment?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The aforementioned savings program cannot be judged due to its unclear nature. If the program is merely a means of storing money with the company for retrieval without interest, then there is no harm in it, unless the company predominantly engages in prohibited activities or uses the funds for unlawful purposes, in which case, saving with them is impermissible.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/126244
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 126244
- 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