Assalamualaykum A charity is organising a sisters’ only fundraiser where they will participate in paint balling & raise funds for Gaza. If this is incorrect, which I assume it is, please list the reasons for impermissibility so that I can advise the females of my family?
Is Zakaat payable on oasis crescent property fund?
As Salaama Alaikum, The company I work at has a compulsory provident fund for its employees. The money is directly deposited from your account and you have no access to the funds. After leaving the company, the funds become available to you by transferring into your bank account. The funds are heavily taxed by the …
Sallam In our Company which is owned by a Muslim brother. employee got the right to a joint Provident Fund and Retirement Annuity Scheme run by UNION ,Employer and employee both contribute 7.5% each towards Fund .In the same company we are 10 Muslim brothers also working but we didn’t joint the scheme because of …
Mufti can assist and tell any institution which Compliance according to Sharia where we can take it out our Retirement Annuity SchemeWaasallamualaykum
Asalaam, Kindly advise if zakaat needs to be paid on pension fund amounts not yet cashed out. The company has forced me to take out a pension fund and it will only be paid to me should I resign or retire . Jzk
Sallam In our Company which is owned by a Muslim brother. employee got the right to a joint Provident Fund and Retirement Annuity Scheme run by UNION ,Employer and employee both contribute 7.5% each towards Fund .In the same company we are 10 Muslim brothers also working but we didn’t joint the scheme because of …
I had a non Shariah provident fund which had 3 levels of risk, low, medium and high. Mine was medium and I use to give out lots of donation and my niyet was to cover the interest portion although I did not know how much. Then we were given an option of a Sharia compliant …
Read moreMassallah pertaining to a non Shariaah provident fund
I had a non Shariah provident fund which had 3 levels of risk, low, medium and high. Mine was medium and I use to give out lots of donation and my niyet was to cover the interest portion although I did not know how much. Then we were given an option of a Sharia compliant …
Read moreMassallah pertaining to a non Shariaah provident fund
my company requires that i join a retirement fund.on the forms i need to fill out my benificiaries in the event of my death.the percentage that must go to each benificiary is also required.these percentages will be the same as those stipulated by the islamic laws of inheritance ? is this correct?