Lund has missed four games since suffering an injury in the match against Cardiff Blues in the same competition.
England's Mark Cueto is named in the No.15 shirt, while New Zealand international Luke McAlister continues at centre and Charlie Hodgson is at fly-half.
Director of rugby Philippe Saint Andre said: "This is a big game at Leicester - like a quarter-final. We face a huge challenge in matching the Tigers physicality, but we've won four games on the trot and are confident."
Sale Sharks team (versus Leicester Tigers, Welford Road, Friday 7.40pm)
15 Mark Cueto
14 Julien Laharrague
13 Luke McAlister
12 Rudi Keil
11 Rory Lamont
10 Charlie Hodgson
9 Sililo Martens
1 Lionel Faure
2 Scott Lawson
3 Eifion Roberts
4 Ignacio Fernandez Lobbe
5 Christian Day
6 Jason White (c)
7 Magnus Lund
8 Nathan Bonner-Evans
Replacements:
16 Sebastien Bruno
17 Stuart Turner
18 Dean Schofield
19 Sean Cox
20 James Jones
21 Richard Wigglesworth
22 Chris Mayor
