Are we allowed to pay goodwill when purchasing a business.

Answer:

In principle, goodwill is not permissible. However, the alternative is to
set a higher value price to the commodities of the business.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai

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This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

Tags: business

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