FatwaPerakTransactions & Finance
Fatwa Mengenai Status Terkini Pematuhan Syariah Skim Sijil Simpanan Premium Bank Simpanan Nasional (BSN)
Is the updated BSN Premium Savings Certificate scheme Shariah compliant and permissible to join?
Short answer
The Perak Fatwa Committee resolved that the renewed implementation of the BSN Premium Savings Certificate scheme is fully Shariah compliant and permissible.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Perak State Mufti Department
- Date
- Status
- Gazetted
- Series
- Fatwa Yang Diwartakan
- Topic
- Transactions & Finance
Gazette evidence in the source: Pk.P.U.55
Summary
The Perak Fatwa Committee resolved that the renewed implementation of the BSN Premium Savings Certificate scheme is fully Shariah compliant and permissible. This followed a review of BSN's explanation that the scheme now uses the Mudarabah contract (profit sharing). The funds are invested in Shariah compliant instruments and assets, and the prizes are contributed from BSN's Islamic Banking Scheme funds.
Written in our own words from the original fatwa — check the source before acting on it.
mesyuarat bersetuju memutuskan bahawa skim Sijil Simpanan Premium yang telah diperbaharui pelaksanaannya oleh BSN adalah produk yang sepenuhnya mematuhi Syariah dan diharuskan oleh syarak.
Read the full fatwa on the Perak website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Perak State Mufti Department. “Fatwa Mengenai Status Terkini Pematuhan Syariah Skim Sijil Simpanan Premium Bank Simpanan Nasional (BSN)”, 30 August 2018. https://mufti.perak.gov.my/images/Fatwa/37.SijilsimpananpremiumBSN.pdf. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/updated-bsn-premium-savings-certificate-shariah-status/