The Majlis Archive

Finance - Banking - Business The Majlis Vol 27 No 01, p.10

One son who was in charge of the father‟s business, continued to run the business after his father‟s death.

Question

One son who was in charge of the father's business, continued to run the business after his father's death. The estate was not wound up for several years. How should the estate be distributed now? From the profit of the business the son has purchased a property as well.

Answer

If the son had continued with the business with the consent of the heirs, then all of them are partners in the profit as well, including the property acquired from the proceeds of the business. If the son had continued with the business without the consent of the heirs, then morally (diyaanatan) it will be incumbent to distribute the profit also to the heirs.

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Published in
The Majlis Vol 27 No 01
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10

Appears under MAKTAB SYLLABI (approximate).

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