Ownership of machinery purchased from the wealth of the partnership
Question
In a partnership where the profit-sharing ratio is different to the capital ratios, what is the ruling when new machinery is acquired?
Answer
If the new machinery is purchased from the wealth of the partnership, then the new machinery will be owned by the partners in proportion to their capital investment.
And Allah Ta'ala (الله تعالى) knows best.
References (Arabic / Urdu sources)
(وإذا أراد الشركة بالعروض باع كل واحد منهما نصف ماله بنصف مال الآخر ثم عقد الشركة) قال رضي الله عنه (وهذه الشركة ملك) لما بينا أن العروض لا تصلح رأس مال الشركة وتأويله إذا كان قيمة متاعهما على السواء ولو كان بينهما تفاوت يبيع صاحب الأقل بقدر ما تثبت به الشركة (الهداية 2/629)
(وما اشتراه كل واحد منهما للشركة طولب بثمنه دون الآخر لما بينا) أنه يتضمن الوكالة دون الكفالة والوكيل هو الأصل في الحقوق (ثم يرجع على شريكه بحصته منه) معناه إذا أدى من مال نفسه لأنه وكيل من جهته في حصته فإذا نقد من مال نفسه رجع عليه (الهداية 2/630)
- Answered by
- Mufti Zakaria Makada
- Checked & approved by
- Mufti Ebrahim Salejee (Isipingo Beach)
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/15051
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-15051
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