are we allowed to pay goodwill when purchasing a business.

· 11 Jumada II 1423 AH1 min readFatwa 6313English
Finance and Commerce

Question

The question text was not published separately; the title stands in for it.

are we allowed to pay goodwill when purchasing a business.

Answer

In principle, goodwill is not permissible. However, the alternative is to set a higher value price to the commodities of the business.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

Answered by
Mufti Ebrahim Desai
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