Back to search
The question

What is the right of a partner in a company—after its financial situation has improved—if he had agreed to exit it in exchange for an installment-based sum, but the agreement was not fulfilled by relieving him of his obligations or paying the agreed-upon installments?

Share this answer

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

Scholars stipulate conditions for dissolving a partnership, without which the dissolution is invalid. Among the most important of these is that each partner must know his share of the rights and obligations. It is not a condition that the partnership's wealth be in cash (liquid assets) at the time of division; rather, it is permissible to dissolve it even if its assets are in kind.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
59967
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.
Read the full ruling
Read the full answer on Ftawy