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What do pension providers do?

Money paid in by you or your employer is put into investments (such as shares) by the pension provider. The value of your pension pot can go up or down depending on how the investments perform. Some schemes move your money into lower-risk investments as you get close to retirement age.

What is the largest pension provider in the world?

Top 20 largest pension funds in the world (US$ millions) RankFundMarket1Government Pension InvestmentJapan2Government Pension FundNorway3National PensionSouth Korea4Federal Retirement ThriftU.S.16 more rows

What is the Islamic pension?

A pension aligned with faith By selecting the Sharia plan, your pension contributions are invested in a wide range of funds and companies that operate in a Sharia-compliant manner. The Sharia plan has one simple all-in fee.

What is the pension plan in Islam?

Halal pensions are a Sharia compliant investment option for Muslims who do not want to compromise on their religious beliefs. A halal pension is long-term savings plan that is compliant with Islamic rules relating to saving.

What is the Islamic pension provider?

The Islamic Pension Trust (IPT) has been set up as an occupational pension scheme for employers who want to provide their employees with a Sharia compliant, ethically investment-driven occupational pension scheme.