Q: I’m in a partnership with my cousin and I wish to exit the partnership. Is it possible for me to go into the same type of business. We have a verbal agreement that neither of us will do the same trade during or after the partnership. Please clarify whether this agreement complies with Shari’ah.
A: Yes, it is better that you do things with understanding and avoid quarrels and disputes.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Ebrahim Salejee (Isipingo Beach)