Is it permissible for the guardian to allocate a monthly sum from the minors' money for their sustenance, or should their mother spend on them from her share of the inheritance? And is it obligatory for the guardian to invest the minors' money or to keep it? And is it permissible to deposit it in an Islamic bank in an investment deposit in hard currency?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is better for the guardians of orphans to invest and develop their wealth through legitimate means than to leave it idle, as Allah Almighty says: "Say: 'Improvement for them is best.'" (2:220) Trading with money is better than leaving it, and the verse supports a weak with this meaning. Investing orphans' money in Islamic companies and banks is the most correct approach. Their expenses should be covered from their own funds if they are wealthy. If the banks where the orphans' money is deposited are usurious, it must be withdrawn immediately.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/34542
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 34542
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy