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The question

Is the second partner obliged to pay 550,000 to the heirs, or do the heirs bear their share of the company's debts amounting to 400,000? And is the partnership dissolved upon the death of the first partner? And who bears its debts?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The company terminates upon the death of one of the partners. So, if a partner dies, the partnership is dissolved with respect to his share, and his portion remains for his heirs. The other partner is not allowed to dispose of the joint property except with the consent of the heirs. However, if the heirs wish the partnership to continue, there is no objection. As for dispute cases, they must be presented to the courts or discussed verbally with scholars by both parties of the lawsuit.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
176279
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy