Is it permissible to donate the umbilical cord blood for research?

Religious Authority: 
Ebrahim Desai
Fatwa Question or Essay Title: 
Is it permissible to donate the umbilical cord blood for research?

The umbilical cord blood is in the same ruling as other parts of the body, in that they must be respected and buried.

[Islamopedia Online Note:  To browse a variety of differing positions on this and related issues search: blood and organ donation.