What rights do the heirs of the Marhoom have in a partnership if any?

Published as Rights Of The Heirs Of A Partnership

· 26 Shaʻban 1444 AH1 min readEnglish

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.
Questions about this ruling, answered only from the archive with sources.

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.

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