{"id":16359,"date":"2020-09-02T12:14:36","date_gmt":"2020-09-02T12:14:36","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=16359"},"modified":"2020-09-02T12:14:36","modified_gmt":"2020-09-02T12:14:36","slug":"are-trust-funds-allowed","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/are-trust-funds-allowed\/","title":{"rendered":"Are Trust Funds Allowed"},"content":{"rendered":"<p style=\"text-align: right;\">\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\"><strong>Fatwa ID: 04023<\/strong><\/span><\/span>\n<\/p>\n<p>\n\t<strong><span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Answered by: Maulana&nbsp;Nabil khan<\/span><\/span><\/strong>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\"><b><u>Question<\/u><\/b><\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Salam. Are trust funds allowed?<\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p align=\"center\">\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/span><\/span>\n<\/p>\n<p align=\"center\">\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\"><b><u>In the name of Allah, the Most Gracious, the Most Merciful<\/u><\/b><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\"><b><u>&nbsp;<\/u><\/b><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\"><b><u>Answer: <\/u><\/b><\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">A trust is an arrangement whereby a person (a trustee) holds property as its nominal owner for the good of one or more beneficiaries. By this definition a wade&rsquo;ah can be defined as a trust.<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">This concept of wade&rsquo;ah has been documented in the books of jurisprudence with great detail. Generally speaking, a trust or wade&rsquo;ah is permissible and there is no harm it provided one understands the rulings pertaining to it. However, since trusts are considered to be legal entities and the entrusted assets must fall within the limits of those implications that vary from country to country, it is important that the individual utilizing a trust system understands the Shariah restrictions and rulings. Keeping this in mind, it is permissible to use a trust.<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Reference: Al-Fatawa Al-Hindiyyah: Kitab Al-Wade&rsquo;ah: 382 pg<\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Only Allah knows best<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Written by Maulana Nabil khan<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Checked and approved by Mufti Mohammed Tosir Miah<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-family:verdana,geneva,sans-serif;\"><span style=\"font-size:16px;\">Darul Ifta Birmingham<\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fatwa ID: 04023 Answered by: Maulana&nbsp;Nabil khan &nbsp; Question &nbsp; Salam. Are trust funds allowed? &nbsp; \u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645 In the name of Allah,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/16359"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=16359"}],"version-history":[{"count":2,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/16359\/revisions"}],"predecessor-version":[{"id":16420,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/16359\/revisions\/16420"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=16359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=16359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=16359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}