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.
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.
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.