Investing the one third in real estate

Q: I have a sum of money which is approximately 900 Riyals. It is the price of sheep that was assigned as a Waqf (endowment) for `Aly ibn Muhammad Mufrih to be ongoing charity for him. He assigned it before death and bequeathed his share of inheritance to his father as a Waqf. (Part No. 16; Page No. 355) His share of inheritance consisted of sheep only. The mentioned sum of money remains with me. I need your Fatwa on this regard.

A: If the case is as mentioned and the money he bequeathed is one third of his estate or less, a guardian should be appointed to buy a share in real estate or other similar fixed assets, if feasible. Otherwise, it should be given to a person to invest it in return for a part of the profits. If this is not possible, it can be spent on charitable works such as distributing it to the poor and building Masjids (mosques) and the like. All this should be done by the guardian and through counsel from His Eminence, the judge of that area. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.