(+92) 0317 1118263

How Will the Building Constructed from the Joint Earnings of Two Brothers Be Divided?

Financial Transactions,Company and speculation,How Will the Building Constructed from the Joint Earnings of Two Brothers Be Divided?

Fatwa No :
82522
| Date :
0000-00-00
معاملات / مالی معاوضات / شرکت و مضاربت

How Will the Building Constructed from the Joint Earnings of Two Brothers Be Divided?

Respected Mufti Sahib, Damat Barakatuhum al-‘Aliyah,
Assalamu ‘Alaikum wa Rahmatullahi wa Barakatuh!
After greetings, we (two brothers) have constructed a building jointly from our earnings. The total area is approximately 129 square yards, and it consists of a ground floor plus two additional floors. Now, during our lifetime, we wish to divide it between us. Therefore, we humbly request your guidance on how this division should be carried out between us brothers. What ruling do our esteemed scholars give regarding this matter? Kindly provide an answer so that this issue may be resolved in full accordance with Shari‘ah.

الجوابُ حامِدا ًو مُصلیِّا ً

If, at the time of purchase, both brothers had mutually agreed that they would be equal partners in it, then at the time of division it can also be divided into two equal shares. After that, whether the division is made based on rooms and area, or based on monetary value, both ways are permissible and valid according to mutual consent.

مأخَذُ الفَتوی

وفي فتاوى الخيريه على هامش الحامدية: (سئل) في اخوين سعيهما واحد وعائلتهها واحدة حصلا بسعیهما اموالا من مواش وغيرها والآن يريد أحدهما مفارقة الآخر ومقاسمة المال مناصفة ويأبى الآخر فهل والحالة هذه جميع ما حصلاه بسعيهما وكسبهما مشترك بينهما تجب قسمته مناصفة أم لا ( أجاب) نعم ما حصلاه بكسبهما مشترك بینھما لا یجوز أن یختص به أحدھما دون الآخر اھ (۱/ ۱۸۵)۔

And Allah knows best
Darulifta Jamia Binoria Aalamia

Fatwa No 82522 Verify Now
0     508
Related Fatawa Related Fatawa
  • it will not be permissible to exchange the stipulated ratios if there is a loss

    Scanned   English   0 Company and speculation
  • My friend wants to invest with me Should I give him a fixed profit or not?

    English   0 Company and speculation
  • Ruling on Takaful Life Insurance

    Unicode   English   0 Company and speculation
  • explanation of a mode of corrupt Mudharaba contract

    Unicode   English   0 Company and speculation
  • A mode of Mudharaba and Ijara contract

    Unicode   English   0 Company and speculation
  • Investing capital in a business and receiving a forty percent profit.

    Unicode   English   0 Company and speculation
  • Ruling on a Partner Doing His Personal Work

    Unicode   English   1 Company and speculation
  • The ruling on taking a fixed profit in a partnership.

    Unicode   English   0 Company and speculation
  • A son demanding a share from his father’s business while the father is still alive

    Unicode   English   0 Company and speculation
  • Receiving Wages by a Business Partner for Performing Additional Work

    Unicode   English   0 Company and speculation
  • Earning profit by investing in a company that sells goods which it does not possess.

    Unicode   English   0 Company and speculation
  • How Will the Building Constructed from the Joint Earnings of Two Brothers Be Divided?

    Unicode   English   0 Company and speculation
  • The ruling on partners agreeing upon unequal distribution of profit in a business partnership

    Unicode   English   0 Company and speculation
  • The ruling on giving an animal on a half-share basis

    Unicode   English   0 Company and speculation
  • A house was built by taking a loan from the father, now will the father be considered a partner in it?

    Unicode   English   0 Company and speculation
  • Training an apprentice and then making him a partner in the business

    Unicode   English   0 Company and speculation
  • In the event of terminating a joint business, upon whom will the responsibility of the loss fall?

    Unicode   English   0 Company and speculation
  • Ruling on Doing Business or Employment with a Person Engaged in the Legal Profession (Lawyer)

    Unicode   English   0 Company and speculation
  • Ruling on the Amount Taken as Advance Payment

    English   0 Company and speculation
  • If a Mudarabah contract is executed in US dollars, then upon termination of the business, should the capital be returned in the same (USD) currency or in the current local currency?

    Unicode   English   0 Company and speculation
  • Ruling on Buying a Vehicle for Someone and Sharing in Its Income

    Unicode   English   0 Company and speculation
...
Related Topics Relative Topics