Question
How should the money paid by the Provident Fund on my death be distributed to my heirs?
Answer
A provident fund is not the subject of Islamic Inheritance (Meeraath). In other words, you are not the owner and will not become the owner of the money which will be paid to your beneficiaries by the Fund after your death. According to the Shariah, the money which the Fund will pay will be 'gifts' from the Fund to the persons you have appointed as your beneficiaries.
Since the Shariah's Law of Inheritance does not apply to the provident fund monies, you may appoint whomever you wish from your relatives to be your beneficiaries, and you may stipulate any percentage for any one as you wish.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 25 No 01
- PDF page
- 3
Verbatim verified against the source PDF
Appears under BECOMING A POLICE OFFICER?. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.