The ruling on placing zakah money in an endowment whose income is distributed
Machine translationRead the Arabic original
The questioner:
I was given zakah to distribute it to the poor and the needy. Is it permissible for me to place this money in an endowment that generates income for the eight categories?
The Shaykh:
No, the zakah was given to you to deliver it to the poor immediately, so do not withhold it and say, “I will buy a property with it” or “I will buy a time with it,” withholding it from them.
The presenter:
May Allah reward you.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and blessings upon our Prophet Muhammad and upon his family and his Companions.
I was given zakah to distribute it to the poor and the needy. Is it permissible for me to place this money in an endowment that generates income for the eight categories?
The Shaykh:
No, the zakah was given to you to deliver it to the poor immediately, so do not withhold it and say, “I will buy a property with it” or “I will buy a time with it,” withholding it from them.
The presenter:
May Allah reward you.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and blessings upon our Prophet Muhammad and upon his family and his Companions.
Source
قناة «العلامة الدكتور صالح الفوزان»، 59 من 83 / شرح مختصر زاد المعاد / سياق مغازيه / صالح الفوزان / السيرة / كبار العلماء — youtube.com (1:09:25)
The Arabic text is a machine transcription of the audio recording.