Business & Finance · Subtopic
Partnerships
181 fatawa from 7 South African Darul Iftas on Partnerships, part of Business & Finance. Newest first; every fatwa links to the page where its Darul Ifta published it.
Subtopics are grouped from each Darul Ifta’s own categories and the fatwa titles, so the count is approximate.
By Darul Ifta
Partnerships fatawa — page 5 of 5
- Mufti Online14 Jun 2014
Partner Renting a premises in which he is a shareholder, and determining his rental
There are four equal partners in a building. One partner is renting a premises within this building. This partner does not want the annual increase…
Mufti Ebrahim Salejee - Mufti Online30 Apr 2014
Partners agreeing to buy off the share of the other in the event of death
Two shareholders in a company came to an agreement to buy each other’s share in the company at the death of either one of the shareholders at an…
Mufti Ebrahim Salejee - Ask Imaam15 Apr 2014
Business partnership with a third party
I am a Muslim and I had a non-Muslim partner. We entered a partnership in which we provided services to a third party at the price of R100 000. The…
Ismail Dawoodjee - Mufti Online11 Mar 2014
Husband and wife becoming partners in a sewing machine due to them jointly purchasing it
I wanted to buy a sewing machine for R5500. I paid R500 and my husband paid the remaining R5000. Who does the machine belong to?
Mufti Zakaria Makada - Mufti Online5 Feb 2014
Starting a goat farm project
I am to start a goat farm project in partnership that requires 57 lakh rupees and 120 sqmt piece of land. The land is of my grandfathers. 53 lakh…
Mufti Ebrahim Salejee - Mufti Online17 Nov 2013
Partnership money getting stolen
A partnership housed in a CC with 2 partners being equal members for a number of years running a retail businesses. Partner A and partner B. Partner…
Mufti Ebrahim Salejee - Ask Imaam10 Oct 2013
Business partnership
I want to ask if I have to do partnership with another person for business, do I need to inquire and make sure that the contribution from the other…
Fahad Abdul Wahab - Ask Imaam9 Sep 2013
Is partnership allowed in a property where as one partner pays more than the other?
I have a question related to property: Me and my friend purchased twin plots in which I made efforts in arranging the twin plots. Twin plots were…
AbdulMannan Nizami - Mufti Online27 Aug 2013
Selling a property
My mother bought a property with a share from her brother. The price of the property has doubled and now I want to sell the property. Should I give…
Mufti Zakaria Makada - Ask Imaam19 Aug 2013
Sleeping partnership
I and a friend (another Muslim brother) in partnership are currently conducting business with a person. He can be regarded as the franchisor and us…
Mufti Hussein Issa - Mufti Online14 Jun 2013
Business partnership with a non-Muslim
I have entered into a business partnership with two friends; one who is a Muslim and one who is a non-Muslim. Is it permissible for me to be in…
Mufti Zakaria Makada - Mufti Online23 Mar 2013
Partnership in a farm and butchery
I beseech you in the Name of Allah to look at the scenario below and give me an opinion based on Shariah, I will try and explain this as best and as…
Mufti Zakaria Makada - Mufti Online17 Mar 2013
Two People investing in a building equally
If two people invest equally in a building, will it be permissible for one partner to receive a bigger percentage of the profit of the business they…
Mufti Zakaria Makada - Ask Imaam30 Nov 2012
Question related to a partnership
SALAMS I INVESTED IN A BUSINESS WITH A FRIEND IN PARTNERSHIP,FOR 6MONTHS I WITHDRAWED MONEY FROM THE BUSINESS. AFTER A PERIOD I SOLD MY SHARE OF THE…
Mahmood Patel - Mufti Online18 Nov 2012
The method of structuring a partnership when some partners do not have wealth
A business plan has been drawn up for a company wherein there are two partners sharing 50 percent each but they have no capital to start. A third…
Mufti Ebrahim Salejee - Ask Imaam21 Oct 2012
Question on fixing a higher percentage ratio in a partnership
We are purchasing a property and a few of our business associates want a share in it. They are talking about 40% of the property broken up into 8…
Ismail Desai - Ask Imaam5 Jan 2012
A question regarding sleeping partnership
I and a friend (another Muslim brother) in partnership are currentlyconducting business with a person. He can be regarded as the franchisor andus…
Mufti Hussein Issa - Ask Imaam8 Jul 2008
Mahomed wanted to open a business. He approached his friend Zaid for help. at partnership(50/50). Mahomed invested R60000.00 and Zaid invested R60000.00 plus the equipment..How do Zaid and Mahomed dissolve this partnership?
Mahomed wanted to open a business. He found a premises and approached his friend Zaid for help. It was agreed that they would go into…
Ml. Yusuf bin Yaqub - Ask Imaam14 Aug 2007
Partnership business
Im doing partnership business with two of my colleagues who are non-muslims( hindus) we are selling printers and peripherals one of them is a lady…
Ml. M. Jawed Iqbal - Ask Imaam23 Mar 2006
A partnership exists with Partner A owning 50% shares, and Partner B owning 50% ( 10 people owning 5% each).
Partner A wants to dissolve the partnership since he is the only active partner in the business, and Partner A had various accusations, allegations…
Mufti Ebrahim Desai - Ask Imaam27 Aug 2000
A partnership is being dissolved. What would be the procedure? How would one value the business? Can one of the partners purchase the business?
When a business is dissolved, firstly, the debts should be paid. Thereafter, the business capital and profits should be calculated and each partner…
Mufti Ebrahim Desai
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