Putting the one third in a profit yielding building and offering the sacrifice from its returns
Q: I would like to inform Your Eminence that
my deceased father (may Allah be merciful to him) bequeathed one-third of his property as Waqf (endowment), whose profit is to be used for buying an Ud-hiyah (sacrificial animal offered by non-pilgrims)
for him, his parents, wife, brothers, and sisters. I am responsible to carry out this will. However, my father's property consisted of one building, which we sold. After settling the inheritance, 86,666 riyals represented one-third of the property. I offered an Ud-hiyah from this sum of money for three years and now there are only 83,366 riyals left. The heirs cannot increase this sum of money from their own pockets and buy a building, because of their bad financial conditions. I provide for my widowed mother and sister and my financial condition is also bad (Part No. 16; Page No. 362) that I cannot afford to add to this sum of money. Please advise about the Shar`y (Islamically lawful) opinion on the remaining sum of money!
If the reality is as you have mentioned, there is no harm in leaving the sum of money as it is. You can buy a building in another place, whose value is equivalent to this sum of money, even if it is a small building, such as a shop or the like. Another option is to enter as partners with this sum of money in a building and use its revenue to buy the Ud-hiyah. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.