The Majlis Archive

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Finance - Banking - Business

810 answers.

Zaid sells a property to Bakr for one million.

The property has been sold to Bakr. He is therefore the sole owner. Zaid, the seller only has a claim for the debt owed to him. It is haraam to charge the owner of the property…

The Majlis Vol 22 No 08, p.3

We live in a complex that has 12 duplexes or units.

The vacant land is for the use of the owners of the 12 units. As such each one owns one twelfth of the land. If the owner of one unit has taken more than one twelfth of the land,…

The Majlis Vol 22 No 08, p.12