Is it permissible to subscribe to the described government savings fund, which invests a portion of its money in government securities, bonds, stocks, loans, real estate, and bank deposits?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is not permissible to subscribe to the aforementioned optional fund due to its inclusion of violations, such as depositing money in usurious banks and purchasing tradable shares and bonds in the stock market, along with the associated prohibitions. For participation in savings funds to be permissible in general, the money must be invested in a Sharia-compliant manner, free from usury and all other violations, and it must be separate from funds invested in a prohibited manner. It is more prudent to have a competent and pious Sharia supervisory board to monitor this.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/69583
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 69583
- 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