Mufti Online — Madrasah Ta'leemuddeen

Unit trust shares

· 21 Muharram 1439 AH1 min readEnglish

Question

My father passed away one year back. He had made an investment in unit trust of India. Now he has nominated me for that investment. What shall I do?

Answer

If the units trust shares are of a halaal nature then shares will form part of the estate.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

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/22270
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-22270

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