Q: Our respected Shaykh! There is no doubt that Your Eminence is aware that some companies such as Sabek and Aramco in Saudi Arabia offer savings system which may be the same as or different from other companies in certain points. However, the Saudi Company for Iron and Steel where we work, at the industrial city of Al-Jubayl, offers savings system for which the Permanent Committee for Scholarly Research and Ifta' presided by His Eminence Shaykh `Abdul-`Aziz ibn Baz may Allah have mercy on him, issued a Fatwa (legal opinion issued by a qualified Muslim scholar) maintaining its impermissibility. However, the company later issued a new savings system on 11/6/1420 A.H. Attached is a description of this system. This new system has left us, the employees, to wonder about its permissibility, the terms of which have been modified by the company. We request that you study it and issue a Fatwa on it. May Allah reward you.