The article explores the complex issue of Muslim participation in Singapore’s Central Provident Fund (CPF), a mandatory savings scheme. Despite CPF interest potentially being considered haram (forbidden) due to riba (usury), the author presents arguments from various perspectives justifying its acceptance. These justifications centre on the compulsory nature of CPF contributions, the financial necessity for security, the indirect involvement [...]

The article explores the complex issue of Muslim participation in Singapore’s Central Provident Fund (CPF), a mandatory savings scheme. Despite CPF interest potentially being considered haram (forbidden) due to riba (usury), the author presents arguments from various perspectives justifying its acceptance. These justifications centre on the compulsory nature of CPF contributions, the financial necessity for security, the indirect involvement [...]

The article explores the complex issue of Muslim participation in Singapore’s Central Provident Fund (CPF), a mandatory savings scheme. Despite CPF interest potentially being considered&nbsp;haram&nbsp;(forbidden) due to&nbsp;riba&nbsp;(usury), the author presents arguments from various perspectives justifying its acceptance. These justifications centre on the compulsory nature of CPF contributions, the financial necessity for security, the indirect involvement [...]

Muslim Perspectives on CPF Savings

"Islam Unfiltered" explores the dynamic intersection of faith, culture, and modernity. Through thought-provoking conversations and fresh perspectives, we challenge traditional narratives, address contemporary issues, and reimagine the role of Islamic values in a rapidly evolving world. Whether you're a curious listener or a passionate seeker, join us as we rethink the essence of Islam for the 21st century and beyond.

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Muslim Perspectives on CPF Savings

Muslim Perspectives on CPF Savings