How are the shares of sons and daughters determined in a sum allocated to them monthly or periodically and kept in a savings fund for use in their adulthood? Should the male receive the equivalent of two females' shares, or should it be equally divided? What should be done with these funds in the event of the allocator's death?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
First: It is not permissible to deposit money in a savings fund if it yields a fixed percentage (riba - usury). It must be withdrawn immediately and placed in Islamic banks, unless there is a necessity, such as fear of theft, and the like, provided it is without interest.
Second: Justice must be observed among children in giving gifts. The male should be given a share equal to that of two females, following the example of the legal division of inheritance.
Third: The amounts you have designated for your children, by transferring ownership to them, will not be included in your estate after your death.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/20745
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 20745
- 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