6 articles tagged “Pensions”
Most Pakistanis retire without a meaningful pension. Here is how to build a halal retirement plan in 2026: what EOBI covers, how Islamic VPS works, and where to start.
How VPS accounts work in Pakistan: sub-funds, allocation schemes, the Section 63 tax credit, withdrawal rules at 60 to 70, and the seven Islamic pension managers compared.
Seven Islamic VPS managers compared on real numbers: ABL charges the lowest fees, Atlas skips the front-end load, Alhamra has the strongest long record, and Alfalah has a TER problem.
Most Pakistani provident funds sit in interest-bearing instruments, and you usually cannot opt out. What scholars say about the interest, plus the halal alternatives taking shape.
Islamic VPS funds are halal per mainstream scholars: sub-funds hold only screened assets under named Shariah boards, and the Section 63 tax credit is a tax reduction, not interest. The evidence.
EOBI is a compulsory state benefit scheme, and scholars generally permit receiving statutory pensions. The concern is how the fund invests. What is known, what is not, and the scholarly positions.