What rights do the heirs of the Marhoom have in a partnership if any?
Published as Rights Of The Heirs Of A Partnership
Question
What rights do the heirs of the Marhoom have in a partnership if any?
Answer
The heirs of the Marhoom (in a Shirkat-e-Milk) enjoy the same privileges and rights as the remaining partners in terms of profits, company benefits, until they (the heirs) are paid out their shares from the existing company business.
- Approved by
- Mufti Muhammed Saeed Motara Saheb D.B.
Where scholars differ, it’s safer to take the more cautious view.
Fatawa SA is an independent, read-only index of fatawa already published by Darul Ifta, Darul Uloom Azaadville. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue
For corrections or mistakes, please email us at fatawasa786@gmail.com.
Source: Darul Ifta, Darul Uloom Azaadville — https://www.iftadua.co.za/rights-of-the-heirs-of-a-partnership/21107/
Fatawa SA: https://fatawa.co.za/fatwa/azaadville-21107
People also ask
How should profit and loss be shared in a partnership?
“The arrangement in the queried scenario is not permissible. In a partnership, the expenses are first settled from the income accrued. The nett profit will then be divided between the two partners on a 50/50 basis, since they…”
Ibn Masood · 132 fatawa from 7 Darul Iftas on this
What the Darul Iftas say