Definition of Lost Property and Its Rulings

Question:
Honorable Shaykh, this questioner asks about lost property: what is its definition, and what are its most prominent rulings? May you be rewarded. And is everything considered lost property?

Answer:
This question has been repeated in several episodes. Lost property is lost money that people of the middle class would seek to recover. If the lost property is camels, one does not touch them; these are lost camels, and one does not touch them. As for anything else that is not protected from wild beasts, such as money, for example, coins, for example, then he must identify its distinguishing marks. If it was in a bag, he must know how the bag is and how it is tied, and how he knows its distinguishing marks. Then he must announce it. He announces it in the gathering places of people: "Who has lost something?" for a period of one year. If the year passes and no one comes for it, then it becomes his property, out of consideration for the possibility that its owner might come one day. If he does come, he pays it to him; otherwise, it is his. Yes.