Savings from Maaser in a Pension Fund - For Children's Weddings
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Question
I wanted to ask about Maaser money, is it permissible to deposit Maaser funds into savings accounts for children's weddings, both in funds like the central Gemach, and mainly I wanted to ask if it is permissible to deposit it into pension funds which are much more profitable because the money grows in the meantime and you receive the money at the end and not just a loan like in the central Gemach where after several children the person is torn by the payments. [It should be noted that reality has proven that in the long term there is no risk of loss!]
Answer
Hello
According to the instructions of the Gaon, Rabbi A. Fried, shlita, it is not permissible to invest Maaser money for the purpose of children's weddings.
However, it is permissible to place them in a Gemach, so that they are used temporarily for charity, and when the time comes, they can be used for the children's weddings.
Source
Instruction of our teacher, the Gaon, Rabbi A. Fried, shlita