The ruling on gifting a property and retaining the right to live in it
Fatawa Question
Husband (H) and wife (W) have two daughters. H and W wanted security for their daughters and the following was therefore proposed. H and W gift the property to the daughters but reserve for themselves a right to live in the property for, say, twenty years or death of both H & W, whichever is earlier. On this basis H and W retain a right to live in the property but the daughters have ownership of the property. For Shariah purposes is the arrangement valid and is the gift to the daughters is complete ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2016-02-11
Country of Publication
United Kingdom
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726496
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-02-11. The ruling on gifting a property and retaining the right to live in it. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726496
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). The ruling on gifting a property and retaining the right to live in it. Manchester England : al-Qalam Shariah Scholar Panel. 2016-02-11.
https://search.emarefa.net/detail/BIM-726496
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-02-11. The ruling on gifting a property and retaining the right to live in it. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726496
