Purchasing a house in a family trust
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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