Q: In a manufacturing partnership were profit sharing ratio is different from the capital ratios, what is the ruling when new machinery is acquired?
Q: If the new machinery is purchased from the wealth of the partnership, then the new machinery will be owned by the partners in accordance to their capital investment.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)