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Resolutions of Iftaa' Board

Resolution No.(33): “Ruling on Investing Orphans` Funds into Development Bonds “

Date Added : 25-01-2018

Resolution No.(33): "Ruling on Investing Orphans` Funds into Development Bonds“

Date: 7/11/1413 AH corresponding to 29/4/1993 AD.

 

The Board has received the following question:

 

What is the Sharia ruling on investing orphans` funds in development bonds and treasury bills?

 

Answer: All success is due to Allah.

 

The Board is of the view that it is forbidden because it is a usury-based loan. And Allah Knows Best.

 

Chairman of the Iftaa` Board, Chief Justice Dr.Nooh Al-Qodaat

Deputized Grand Mufti of Jordan, Sheikh Saeid Hijjawi

Mufti of Jordanian Armed Forces, Mahmood Shwayat

              Dr. Abdassalam Al-Abbadi

Dr. Ahmad Hilayil

                   Dr. Abdolmajeed Assalaheen

Dr. Ratib Azzahir

           Dr. Mahmood Assartawi

           Dr. Ibrahim Khash-shan

             Dr. Abdulaziz Al-Khayaat

 

 

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Summarized Fatawaa

Was Prophet Jesus (Peace be upon him) baptized?

It is established that Prophet Jesus (peace be upon him) was circumcised on the eighth day after his birth, as was the case with all children of the Children of Israel. And Allah The Almighty Knows Best.

A person bought a device through a usurious bank, and receives income from it every month after paying the bank for the price. Now the person regrets it, what should he do now?

This person has fallen into what is forbidden due to dealing with usury. He must repent sincerely, and whoever repents, Allah Will Accept their repentance. As for the device, there is no need to sell it. And Allah Knows Best

Is it permissible to offer one Rak`ah in Witr prayer?

The minimum of Witr (An odd number prayer performed between Isha`a and Fajr) prayer is one Rak`ah, and the maximum is eleven, but the minimum of its complete form is three, and it is permissible to offer one only.

Is it permissible for the children of a deceased father to settle his debt from the Zakah (obligatory charity) money due on them?

It is impermissible to use the Zakah of one`s money for settling the debts of the deceased. However, children should settle the debts of their deceased parents out of filial piety. And Allah Knows Best.

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