Fatwa #3492124 January 2016South Africa
Goodwill and Inheritance
Question
What is the ruling regarding goodwill in islam? If a man owns a business and dies, leaving behind a wife and children, how will the value of the shares be calculated for inheritence purposes?
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
- Kindly explain the reason for the query and its context.
- This query is not clear. What do you mean by how? Explain in detail.
And Allah Ta’āla Knows Best
Huzaifah Deedat
Student Darul Iftaa
Lusaka, Zambia
Checked and Approved by,
Mufti Ebrahim Desai.