Q 1: My father left behind an estate including 80 shares in
Company, as well as his severance pay from the Department of Education, in which he was an employee. He did not tell anyone about these shares or the severance pay. Should these shares and this sum be distributed only to the minors or to all the heirs? If the heirs give up their right, is it permissible to give them in charity on behalf of the deceased? Is it permissible to invest the bequeathed money (Part No. 16; Page No. 474) for the benefit of the minors in legitimate transactions?
All the deceased's shares in the company and his money from the state are considered inheritance. They should be distributed to the heirs according to their legal shares. If they give up their right to this money or a part of it and they are of legal competence, it is permissible to spend it for the benefit of the deceased, in charity. The minor heirs must have their rights maintained until they grow up, then it will be handed over to them. Allah (Exalted be He) says:
And try orphans (as regards their intelligence) until they reach the age of marriage; if then you find sound judgement in them, release their property to them
It is desirable for their guardian to invest their money for their best interest. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.