Back to search
The question

Would you advise me to start a project with my only money, or to keep it in the bank to face any future expenses?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

We advise you to perform (prayer for guidance) and consult with people of sound judgment and experience. The money can be invested in low-risk projects such as Islamic banks. This is preferable to leaving it uninvested lest charity consumes it. The Prophet, peace and blessings be upon him, said: "Indeed, whoever is a guardian of an orphan who has wealth, let him invest it and not leave it until charity consumes it." Narrated by Al-Tirmidhi. If the money is in an interest-based bank, withdraw it and donate its interest to public Muslim welfare.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
130467
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