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Subject : Subscribing to Jordan Teachers` Association Retirement Fund
Fatwa Number : 3446
Date : 02-01-2019
Classified : Current Financial Issues
Fatwa Type : Search Fatawaa

Question :

What is the legal ruling on the Retirement Fund of the Jordan Teachers` Association attached below?



The Answer :

Praise be to Allah, the Lord of the Worlds.


After reviewing the retirement system of the Jordan Teachers` Association/2015, it was found out that it doesn`t include any violations of Sharia.


Therefore, it is permissible to subscribe to it. However, sound application of the above system is the liability of the individuals in charge of the association. And Allah knows best.







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