Question
There are two partners in a business. One has died. The other partner wants to buy the share of the deceased partner. Is this permissible?
Answer
If all the heirs unanimously decided to sell the share of the deceased partner, that is his/her share of the assets of the partnership, it will be permissible. The proceeds thereof will then be distributed in terms of the Law of Inheritance.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 27 No 11
- PDF page
- 11
Appears under A NEW HYBRID SHIAH-INTERFAITH ‘QUR’AAN’ (approximate).