The board rejected the government's plea to extend his detention for another 3 months.
However, the board refused to allow the same in the detention of his four aides.
The JuD has been declared as a foreign terrorist organisation by the United States in June 2014.
Police and Lahore Development Authority officials were busy in removing encroachments outside the Arfa Karim Tower, located near the CM's Model Town residence, when a powerful blast took place.
The harrowing tragedy struck Pakistan's Punjab province on Sunday just a day before Eid celebrations when a tanker carrying 40,000 litres of petrol overturned and burst into flames as hundreds of villagers had gathered to collect the fuel spilled over on the highway at the Ahmedpur Sharqia area of the Bahawalpur district, some 400 km from Lahore.
The tanker exploded after fuel leaking from its damaged container caught fire.
Police produced Saeed and his four aides before the board at Lahore registry of the apex court.
Saeed's three-month detention period was to expire on Sunday night.
The government also told the court that it has reasons to believe that Jamaat-ud Dawah and its sister organisation Falah-e-Insaniat Foundation were engaged in activities which can be prejudicial to peace and security.
The Lahore High Court Bar Association said on Friday that it will take action against any lawyer who extends his services to Jadhav.
The custodian Abdul Waheed, who was apparently suffering from mental disease, used a dagger and a stick to kill his victims.
A Pakistani court has asked the Punjab government to explain under what authority it has detained Jamaat-ud-Dawah chief Hafiz Saeed "without a trial".
Pakistan's intelligence agency detained bothe the clericks for their alleged links with the Muttahida Qaumi Movement, official sources said on Saturday.
Two Indian clerics, including the head priest of New Delhi's Nizamuddin Dargah, have gone missing in Pakistan
Makki was the second in command of JuD and he took over the reins of the group soon after Saeed's detention
India has made a fresh demand in a reply to Pakistan's request to send 24 Indian witnesses to record their statements in the case
Punjab Law Minister Rana Sanaullah said the blast seemed to be aimed at sabotaging the Pakistan Super League final in Lahore.
Pakistan had reportedly launched 'strikes' against militant bases in Afghanistan on Saturday.
Thirteen people were killed and over 70 others injured in the suicide blast which had targeted police officials.
Theatre owners are currently screening those Indian movies which are already released and the decision regarding new films will be taken on Wednesday.
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