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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Is the endower entitled to dispose of the endowment funds and spend them on himself and his dependents?

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Question:
Regarding endowment funds, is the endower entitled to dispose of them and spend them on himself and his dependents?

Answer:
It depends on his condition. If he stipulated that he would benefit from them for the duration of his life, there is nothing wrong with it. However, if he did not stipulate this, they become a valid endowment, and he has no right to take anything from their yield; rather, he must spend them on the endowment purpose for which he intended and designated them. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، هل يحق للواقف أن يتصرف بأموال الوقف ويصرفها على نفسه وعياله؟ لمعالي الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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