FatwaPenangEndowment (Waqf) & Religious Property
FATWA DAN PANDANGAN MEMBOLEHKAN TABUNG KEBAJIKAN KARIAH MASJID, MEMAINKAN PERANAN UNTUK FAEDAH MASYARAKAT ISLAM KHUSUSNYA
How may a mosque congregation's bank fixed deposit principal and interest be used for community welfare?
Short answer
The Syariah Committee advised the congregation committee to separate the principal from the interest earned on fixed deposits.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Penang State Mufti Department
- Date
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Negeri Pulau Pinang (e-Fatwa)
- Topic
- Endowment (Waqf) & Religious Property
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The Syariah Committee advised the congregation committee to separate the principal from the interest earned on fixed deposits. The principal may be used for specific endowment purposes such as mosque repairs, honoraria for mosque officials and condolence donations for members of the congregation. The interest may go into a general fund for sports, education, scholarships, textbooks, aid for poor children and examination fees. The existing principal is to be invested in Bank Islam.
Written in our own words from the original fatwa — check the source before acting on it.
Wang faedah yang didapati daripada simpanan tetap bolehlah dimasukkan ke dalam tabung am untuk kegunaan sukan anak-anak kariah, pelajaran, biasiswa, membeli buku teks, membantu kanak-kanak miskin, membiayai yuran peperiksaan
Read the full fatwa on the Penang website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Penang State Mufti Department. “FATWA DAN PANDANGAN MEMBOLEHKAN TABUNG KEBAJIKAN KARIAH MASJID, MEMAINKAN PERANAN UNTUK FAEDAH MASYARAKAT ISLAM KHUSUSNYA”, 8 May 1986. http://efatwa.penang.gov.my/fatwa_details.php?fatwaid=1076. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/mosque-welfare-fund-fixed-deposit-interest/