Go back to category : Financial Transactions
  

Question Summary:
My sister is unmarried, we have no parents and she has no children, only four sisters and two brothers in total. She has no assets and only has a compulsory pension fund. Would the proceeds of this fund be regarded as inheritance…

Question Detail:

My sister is unmarried, we have no parents and she has no children, only four sisters and two brothers in total.  She has no assets and only has a compulsory pension fund.    Would the proceeds of this fund be regarded as inheritance should she pass away before her siblings.  If so, what is the distribution according to Shariah?

Answer :

In the name of Allah, Most Gracious, Most Merciful
Assalaamu `alaykum waRahmatullahi Wabarakatoh
The proceeds of the compulsory pension fund will be regarded as a gift in behalf of the company to whoever is nominated as the beneficiary of the proceeds after her death. The proceeds will not be regarded as her inheritance as she did not own the money in her lifetime. 
And Allah knows best
Wassalam
Mufti Ebrahim Desai
Darul Iftaa, Madrassah In'aamiyyah

Main Categories  More Questions  


Online Tutor Available

 
Masnoon Duaein
Islamic Question & Answers
Aaj ki baat
Mazameen
Asma ul Husna
Tilawat e Quran
Qasas-ul-Anbiya
Multimedia
Essential Duas For A Muslim
Khawateen Kay Masaeel

© 2024 Ya-mujeeb.com. All rights reserved
search-sharai-masaeel