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Resolutions of Iftaa' Board


Resolutions of Iftaa' Board

Resolution No.(17): “Ruling on Investing Orphans` Funds in Development Bonds and Treasury Bill“

Date Added : 02-11-2015

Resolution No.(17)  by the Board of Iftaa`, Research and Islamic Studies:   
“Ruling on Investing Orphans` Funds in Development Bonds and Treasury Bills“
Date: 29/1/1411 AH, 20/8/1990 AD.

We have received the following question:
What is the  ruling of Sharia on investing the funds of orphans in development bonds and treasury bills?
Answer: All success is due to Allah.
The Board has decided that it is forbidden because it is a usury-based loan, and has attached the answer of Mr. Mostafa Az-zarqa in this regard. And Allah Knows Best.

Chairman of the Iftaa` Board, Chief Justice Mohammad Mohailan
The Grand Mufti of Jordan, Izz Addeen At-Tamimi
Dr. Ibrahim Al-Kailani
Dr. Ahma Hilayil
Sheikh Ibraheem Khashan
Dr. Yaseen Daradkih
Dr. Abdulhaleem Ar-ramahi

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Summarized Fatawaa

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Perjury is forbidden and one of the major sins that require turning to Allah in repentance, seeking His forgiveness, giving back rights to whom they belong, or seeking their forgiveness, and expiating for that oath.

Is it permissible to read from the Mus-haf during Tarawih prayer?

Yes, it is permissible to read from the Mus-haf during Tarawih prayer, provided that excessive movements that invalidate the prayer are avoided.
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