What is the ruling on the savings plan in Saudi Aramco, according to which the company grants a bonus to the employee upon retirement or leaving work, knowing that there are conflicting fatwas concerning it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The savings system implemented in Aramco is forbidden () because it is a loan that draws a benefit, as it guarantees the principal with a specified increase, resembling an interest-bearing loan. Prominent scholars have issued fatwas prohibiting this system, including the Permanent Committee for Issuing Fatwas and Sheikh Muhammad ibn Uthaymeen. In cases of scholarly disagreement, the common Muslim should follow the opinion of the most knowledgeable and trustworthy scholar.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18348
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- Ftawy
- Original fatwa ID
- 18348
- 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