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Investing money that was left as an amaanat

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: I had left some money with an acquaintance. He invested the money and with the profits bought homes etc. and has a big bank balance. To whom does all this money and homes belong to?

Bismillaah

A: It belongs to him. He should return the capital to you. Because he did not get your permission, it will be wajib to give whatever he got in charity.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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