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End of Service Benefits

Question

Fatwa question:I worked in a multi-national oil services company, then left the company after 24 years approx..The company give their employee “End of Service Benefits”, which is called “Profit Sharing”.“Profit Sharing” is basically as follows:1) The board of directors meet every year and decide to give each employee a certain amount of the company profit for that year. 2) Money of the previous year (or years) gets being invested somewhere in (shares, funds, stocks , etc.… We do not really know). However, employee do not have any control on it and do not have the right to decide on where and how that money get invested.3) At the end of each year the company sends the employee a notification showing how much the money got profit or loss (as per point 2), and how much the board gave a certain amount of the profit share (as per point 1).At the end of my employment the company sent me how much is “my profit sharing total”. The Question:A) Is the “Profit Sharing” I get at end of my employment Halal? Knowing that as far as I am concerned it is an end of service reward, and employee do not know how and where the money is invested, and employee do not have any control on it.B) If I decide to leave the money with the company, after I left the company, to continue to be invested, will this be Halal?Knowing in this case, I do not know where they invest the money, but I have control now to pull out my money back from them. However, the delay is due to have me having issues to solve with my bank account.Thanks,Question No. 2683962 & 2688036 on Islamweb.

Answer

All perfect praise be to Allah, The Lord of the Worlds. I testify that there is none worthy of worship except Allah, and that Muhammad  sallallaahu  `alayhi  wa  sallam ( may  Allaah exalt his mention ) is His slave and Messenger.

There is nothing in what you mentioned that prevents you from taking the "End of Service Benefits". Therefore, there is no harm in taking this money and benefiting from it.

Allah knows best.

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