عربي
Home


Fatawaa

Fatawaa

Subject : Establishing a Waqf from Zakaat Money is Impermissible
Fatwa Number : 3026
Date : 22-12-2014
Classified : Zakat (Alms)
Fatwa Type : Search Fatawaa

Question :

Is it permissible to establish an Islamic bank whose revenues are dedicated to educating the poor through using a sum from the Zakaat money as a Waqf (an endowment)?



The Answer :

All perfect praise be to Allah. Blessings and peace be upon Prophet Mohammad.


Waqf is a blessed channel of charity for which Almighty Allah Has Dedicated an abundant and a constant reward. In a narration, the Hanafite and the Hanbalite jurists allowed using money as a Waqf to be spent in different channels of charity.


Al-Mardawi reported in his book [Al-Insaaf, vol.7/pp.11]: “Imam Ahmad allowed using money as a Waqf. “ And for further details in this regard, kindly refer to [Rd-Al-Muhtar vol.6/pp.434].


However, it isn`t allowed to use Zakaat money as a Waqf because Zakaat must be put into the possession of the poor. In addition, it isn`t permissible to delay the payment of Zakaat beyond its due time.


Accordingly, it is permissible to use non-Zakaat money as a Waqf dedicated for educational purposes; whereas, using Zakaat money for such an end is impermissible . And Allah The Almighty Knows Best.







Comments


Captcha


Warning: this window is not dedicated to receive religious questions, but to comment on topics published for the benefit of the site administrators—and not for publication. We are pleased to receive religious questions in the section "Send Your Question". So we apologize to readers for not answering any questions through this window of "Comments" for the sake of work organization. Thank you.