Darul Ifta, Darul Uloom Azaadville

Investing Money Left For Safekeeping

· 17 Rajab 1444 AH1 min readEnglish

Question

A family member has left a large sum of money with me for safe keeping.

No conditions were made except that when needed the money has to be returned.

Can I invest this money and benefit from the returns?

Answer

It will not be permissible for you to invest in this money or benefit from it in any way.

References (Arabic / Urdu sources)

الوديعة لا تودغ ولا تعار ولا تؤاجر…

(البحر الرائق ج٧ ص٢٧٥ المكتبة الماجدية)

(الفتاوى اهندية ج٤ ص٣٣٨ دار احياء التراث العري)

(الاشباه و النظائر ج١ ص٣٠٦ المكتبة العصرية)

(رد المحتار ج٥ ص ٦٧٩ سعيد)

Approved by
Mufti Muhammed Saeed Motara Saheb D.B.
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Source: Darul Ifta, Darul Uloom Azaadville — https://www.iftadua.co.za/investing-money-left-for-safekeeping/20273/
Fatawa SA: https://fatawa.co.za/fatwa/azaadville-20273

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