Ask Ghamidi

A Community Driven Discussion Portal
To Ask, Answer, Share And Learn

Forums Forums General Discussions Is This Interest?

  • Is This Interest?

    Posted by Faizan Ahmed on June 25, 2024 at 4:06 pm

    I work at a pensions company. As part of their employee benefits, if we have a pension with them they double the amount of our savings at the time of receiving it. For example if I’m contributing 6% of my salary monthly, they will top that so it’s 12% when I receive it. Would this be considered as interest?

    Dr. Irfan Shahzad replied 2 days, 15 hours ago 2 Members · 1 Reply
  • 1 Reply

You must be logged in to reply.
Login | Register