Savings
2 articles tagged “Savings”
Article•10 Sept 2026
Are Premium Bonds Halal? NS&I's Prize Draw Under Islamic Law (2026)
Premium Bonds are a loan to the government with a return allocated by lottery. Most scholars rule them impermissible on riba grounds, with maysir as a second objection. NS&I's terms and the halal alternatives.
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HalalWallet Editorial Team
Article•6 Aug 2026
Zakat on Savings, Pensions and Investments in the UK (2026): The Complete Reckoning
Cash ISAs, workplace pensions, halal funds, fixed-term deposits: British Muslim wealth sits in wrappers the classical texts never met. How to calculate zakat on each, and where scholars genuinely differ.
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HalalWallet Editorial Team