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"5% of my paycheck goes towards 401-K which is 100% matched by Baylor. The money is in fixed bonds. Halal?

الجواب حامداومصليا
Investments in conventional bonds is not considered Halal because it involves interest. Therefore you should have your employer invest your 401K money elsewhere which is not considered Haram.
And Allah knows best.
Mufti Ikram ul Haq
Fatwa Center of America