Mufti Online — Madrasah Ta'leemuddeen

Purchasing a house in a family trust

· 21 Jumada I 1443 AH1 min readEnglish

Question

Is it better to buy a property, house, in ones personal capacity or in an existing family trust?

Answer

Both are permissible. However, in the case where the house or property is bought in a trust, it should be made clear whether the house belongs to all the members of the trust or it belongs to one individual and the trust has merely been drawn up for legal implications.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/32883
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