{"id":6788,"date":"2024-07-10T07:44:00","date_gmt":"2024-07-10T07:44:00","guid":{"rendered":"https:\/\/al-mawrid.org\/questions-en\/2024\/07\/10\/fixed-deposit-and-national-saving-schemes\/"},"modified":"2025-11-16T21:49:22","modified_gmt":"2025-11-16T16:49:22","slug":"fixed-deposit-and-national-saving-schemes","status":"publish","type":"post","link":"https:\/\/al-mawrid.org\/questions-en\/fixed-deposit-and-national-saving-schemes\/","title":{"rendered":"Fixed Deposit And National Saving Schemes"},"content":{"rendered":"<h3>Question<\/h3>\n<p>Is it allowable to:<\/p>\n<ol>\n<li>keep money as a fix deposit for five years in the bank and received a specific percentage on that amount and <\/li>\n<li>keep the amount in Pakistan government policy <em>Qawmy Bachat<\/em> <em>Scheme<\/em>?<\/li>\n<\/ol>\n<h3>Answer<\/h3>\n<p>Interest offered by the  conventional banks is prohibited and a Muslim should avoid taking it  unless his circumstances are compelling. Qaumi Bachat Scheme too comes  under the same category. However, if the government offers a regular  payment to the old people in the form of pension etc taking it would be  permissible no matter how revenue is generated. <\/p>\n<p><strong>Answered by:<\/strong> Dr. Khalid Zaheer<\/p>\n<p><strong>Date:<\/strong> 2015-03-03<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"6788\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorite <i class=\"sf-icon-star-empty\"><\/i><\/button>","protected":false},"excerpt":{"rendered":"<p>Is it allowable to:<\/p>\n<ol>\n<li>keep money as a fix deposit for five years in the bank and received a specific percentage on that amount and <\/li>\n<li>keep the amount in Pakistan government policy <em>Qawmy Bachat<\/em> <em>Scheme<\/em>?<\/li>\n<\/ol>\n","protected":false},"author":7,"featured_media":14147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1169],"tags":[1210,1212,1533,1458,1211],"class_list":["post-6788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-issues","tag-bank","tag-interest","tag-riba","tag-saving-money","tag-sood"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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