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Can parents use Eidi money given to young children?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
On Eid days elder use to give money to the younger ones. Sometimes they give money to their parents on behalf of children. Can parents use that money if the children are too young? Say my baby is 4 or 5 years old if my relative gives her money (Eidi) can I use that money or I should buy things for my baby only with that money.

Answer

(Fatwa: 919/540/L=1433)

On the occasion of Eid etc the relatives and friends give money to children or to their parents for them, these gifts are the property of the children. The person who gives it his intention is purely to give to the children. This money is a trust in the hands of parents for children. It is not correct for them to spend them for the parents in their personal needs. It should be spent in the need of children not for the use of other children. Whatever money your relatives give to your daughter you should spend it on her. This money is a trust in your hands. You should not use it in your need.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.

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