Fatwa ID: 03610
Answered by: Maulana Maqtaur Rahman
Question
What do our scholars say regarding trusts?
بِسْمِ اللهِ الرَّحْمنِ الرَّحِيْم
In the name of Allah, the Most Gracious, the Most Merciful
Answer:
Trusts are an arrangement where a person or a group of people have control over certain assets or money.[1]
Therefore, if the means of the money or assets are shariah-compliant and permissible, then the trusts of this will also be permissible according to Islamic Jurisprudence.
Now, the area of discussion is when the means of the money or assets are not shariah-compliant and permissible.
Some of our scholars have allowed using unlawful money for charities in general, such as building roads, constructing community centres for the poor and financing other public-welfare projects.[2]
Therefore, if the trusts have money or assets, which were obtained through unlawful means, it will be necessary to give it away to the poor with the intention of removing the unlawful money or assets and without the intention of reward.[3]
Only Allah knows best
Written by Maulana Muqtaur Rahman
Checked and approved by Mufti Mohammed Tosir Miah
Darul Ifta Birmingham