Buying and Selling: Ruling on Managing a Company After a Partner’s Death Leaving Minor Heirs

Practical Laws of Islam as per the teachings of Imam Khamenei

Buying and Selling: Ruling on Managing a Company After a Partner’s Death Leaving Minor Heirs

English:

Question #1502:

One of the partners of a company died, leaving behind minor children as new partners. How should the other partners go about the business of the company?

Answer #1502:

The shar‘ī guardian of the children, or the authorised religious authority must be consulted as regards their share in the company.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Buying and Selling