Social security and retirement payment – Shaykh Muqbil Bin Haadi al-Waadi’ee

Question 218: What is the ruling on social security or the retirement system? For example, they take from a person who enters into this, a specific amount in the week or in the month. So when he gets old, they give him from this [money] which they took from him?

Answer: In the likes of this, he takes in accordance to what he gave them, so that there is not in it usury.

And Allah is the one whose Help is sought.

[Taken from ar-Rihlatul Akheera Li Imam il-Jazeerah pg. 279 written by Umm Salamah as-Salafiyyah]

Translated by

Faisal ibn Abdul Qaadir ibn Hassan

Abu Sulaymaan

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