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The question

Is it permissible to benefit from a savings program in which the employer deducts 3% and contributes 6%, and which is received every six years, with the exclusion of usurious interest, for a worker in Israel?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The basic principle in transactions is permissibility unless there is evidence to prohibit it. What the employer gives in excess of what he deducts is a gift, and there is no harm in it as long as he does not take the deducted percentage and benefit from it for himself. As for the interest accrued on the amount, the questioner's action of not benefiting from it is correct, and he is advised to allocate it to the poor, the needy, and for the general welfare of Muslims.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
31564
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.
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Read the full answer on Ftawy