Transactions & Dealings >> Other Transactions
Question ID: 163979Country: India
Answer ID: 163979Posted on: Sep 1, 2020
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 1232/1248/B=01/1440)
Zakah will be wajib on PF amount only when it comes into your possession. And in case of keeping for additional three years the extra amount which you will be receiving will not be counted as interest.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India
اگر سونے كا زیور قرض لیا تو رقم كی شكل میں ادائیگی كس طرح كی جائے گی
1769 viewsI am have the following situation and would like some naseehat I currently working for an Accounting firm who are an auditing and accounting firm. We do work for a range of different clients in all sectors of the economy. I have recently been offered a position by a Major Bank to join them as a Computer Auditor where I am responsible for identifying weaknesses in their computer systems and reporting this to management. It is a very good offer and it will help improve my work experience. If I were to take the offer, I am not considering staying there for long, just to gain experience and move on. The place where I am currently working, there is not enough work, therefore this leads to me being unassigned which effects my work productivity levels. This directly impacts my chances of advancing in the company and will be turned down for promotion. Increases are very minimal as well, last years was 3.6%. The banking industry is currently one of the major employers in my job expertise market. So the current thoughts in my mind are that: 1. I will only take the job at ABSA for a maximum of 2 years to get experience and then look for another employment; and 2. I will also be able to afford to buy a house with the extra income. What should I do? Is it acceptable to perform this type of work in a bank?
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