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Paying off a loan after one’s creditor passes away

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I was given money for five years investment by one of my friends but there was no written agreement. It was only verbally discussed. Now my friend passed away and he is unmarried. His family are all well off and they don’t even know about this matter. I can’t pay before five years but I can pay this amount in monthly installments. Can you guide me on what should I do?

Bismillaah

A: Pay it as soon as possible.

And Allah Ta’ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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