تصفح برقم المجلد > Group 1 > Volume 14: Transactions 2 > Chapter on partnership > A father in partnership with some of his children

A father in partnership with some of his children

Fatwa no. 18407
Q: I am an old man now, but previously I bought a piece of land for 85,000 Riyals. I have two boys who shared with me in building on the land for which I paid 217,000 Riyals and they paid 175,000 Riyals. My question now is: Is it permissible for me to write a document that they are fifty-fifty partners with me, due to the amount that they paid? It is worth mentioning that I am happy with this, but that I also have daughters besides these two sons. Please advise me and may Allah reward you with the best.
(Part No. 14; Page No. 304)
A: If the matter is as you mentioned, there is no objection to your registering the building ownership between you and your sons and that they are partners with you in it in proportion to the amount of money they paid to you, as it was not given to you by way of donation. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.

The Permanent Committee for Scholarly Research and Ifta'

Member Member Member Deputy Chairman Chairman
Bakr Abu Zayd Salih Al-Fawzan `Abdullah ibn Ghudayyan `Abdul-`Aziz Al Al-Shaykh `Abdul-`Aziz ibn `Abdullah ibn Baz



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