What is the ruling on shares and their profits, and is it permissible for me to repay my father what I took from the share profits with the money Allah has provided me?
The summary of the is that if someone took money from his father without his permission, invested it, and made a profit from it, then the profit follows the principal according to some scholars (Abu Hanifa, Ahmad, and Ibn Hazm). Others (Malikis and Shafi'is) believe that the profit is a consequence of the effort expended, while a third group holds that the profit is to be shared between them, which is the view preferred by Sheikh al-Islam Ibn Taymiyyah. Based on this last preference, the person who took the money is entitled to half the profit, and he must return the original principal and half the profit to his father's estate.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/118873
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 118873
- 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