What a guardian of an orphan takes from the profit of trading with his money
Machine translationRead the Arabic original
The questioner:
I ask Allah for your well-being, Honorable Shaykh. A questioner says: If an orphan inherits a large amount of money and his guardian trades with it, is he allowed to take a profit margin, since his need is far less than his wage?
The Shaykh:
He takes the lesser of his wage or his sufficiency, whichever is less. If his sufficiency is more, he does not take it. If his wage is more, he does not take it. He takes only the lesser of the two, out of care for the orphan's money. Yes.
The questioner:
May Allah reward you. And he says: Does no one today agree to trade with the money in exchange for just food and drink?
The Shaykh:
Yes. How? In the orphan's money? As for trading via a profit-sharing partnership (mudarabah), it is according to the condition agreed upon between them.
I ask Allah for your well-being, Honorable Shaykh. A questioner says: If an orphan inherits a large amount of money and his guardian trades with it, is he allowed to take a profit margin, since his need is far less than his wage?
The Shaykh:
He takes the lesser of his wage or his sufficiency, whichever is less. If his sufficiency is more, he does not take it. If his wage is more, he does not take it. He takes only the lesser of the two, out of care for the orphan's money. Yes.
The questioner:
May Allah reward you. And he says: Does no one today agree to trade with the money in exchange for just food and drink?
The Shaykh:
Yes. How? In the orphan's money? As for trading via a profit-sharing partnership (mudarabah), it is according to the condition agreed upon between them.
Source
شرح كتاب المنتقى من أخبار المصطفى صلى الله عليه وسلم، بداية من باب الحجر على المدين وبيع ماله في قضاء دينه — islamhouse.com (52:40)
The Arabic text is a machine transcription of the audio recording.