Trading with Waqf Funds and Guaranteeing Their Loss
Machine translationRead the Arabic original
Question:
If I have funds that constitute a waqf (endowment), and I used them in trade, but they were lost, do I have to guarantee this money, given that it had made a profit in previous years?
Answer:
Do not engage in trade with it, for it is waqf money. Exposing it to destruction or loss is not permissible. Do not trade with it. That is like the money of a minor or a person under guardianship, which you may grow, but as for waqf money, you do not dispose of it.
If I have funds that constitute a waqf (endowment), and I used them in trade, but they were lost, do I have to guarantee this money, given that it had made a profit in previous years?
Answer:
Do not engage in trade with it, for it is waqf money. Exposing it to destruction or loss is not permissible. Do not trade with it. That is like the money of a minor or a person under guardianship, which you may grow, but as for waqf money, you do not dispose of it.
Source
شرح إغاثة اللهفان من مصائد الشيطان لابن القيم، فصل ومن مكايده التي بلغ فيها مراده : مكيدة التحليل — islamhouse.com (52:14)
The Arabic text is a machine transcription of the audio recording.