How can one find a stable "living endowment" that ensures the care of children in the event of their parents' death, while adhering to the provisions of Islamic inheritance law?
Parents should prioritize their children's religious upbringing over their material well-being. If "al-wadi'ah al-ma'ishiyah" (the living trust/deposit) refers to "life insurance," then it is forbidden due to its inclusion of usury (riba), gambling (), exploitation (ghabn), and uncertainty (jahalah). There are alternatives, including: giving justly to all children by opening equal accounts for them in an Islamic bank, or investing money in safe projects like real estate whose income benefits the family and is then inherited by the children, or helping each child find a suitable practical field for lawful earning, while reminding that the fear of Allah Almighty ( Allah) is the greatest aid in the rectification of one's offspring.
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- Original fatwa ID
- 20532
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