Investing Money Left For Safekeeping

Question

A family member has left a large sum of money with me for safe keeping.

No conditions were made except that when needed the money has to be returned.

Can I invest this money and benefit from the returns?

Answer

It will not be permissible for you to invest in this money or benefit from it in any way.

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

References

الوديعة لا تودغ ولا تعار ولا تؤاجر… 

(البحر الرائق ج٧ ص٢٧٥ المكتبة الماجدية) 

(الفتاوى اهندية ج٤ ص٣٣٨ دار احياء التراث العري) 

(الاشباه و النظائر ج١ ص٣٠٦ المكتبة العصرية) 

(رد المحتار ج٥ ص ٦٧٩ سعيد) 

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