MYPolygyny.com
Knowledge for the Muslim household
Flashcards Lineage

Q&A › Family finances

💰 Family finances · #42

A wife runs a business with capital from her husband. Who owns the profit?

It depends on the agreement between them: if the capital was a gift, the business and its profit belong to the wife; if a loan, she must return the capital; if a partnership, profit is shared as agreed.
Allah permits trade by mutual consent (an-Nisa' 4:29) and commands that financial dealings over a term be written down (al-Baqarah 2:282). Many couples never clarify the status of the capital, so disputes arise when the business succeeds or on divorce. Write it down briefly: the amount of capital, whether it is a gift, a loan or a partnership (musharakah or mudarabah), and the profit ratio. A wife who runs a business is still entitled to maintenance from her husband; her income does not cancel his obligation. Make sure the business is registered and keep its accounts separate from household money. See Family finances.

Sources

Surah an-Nisa' 4:29Surah al-Baqarah 2:282Surah an-Nisa' 4:32
← PreviousA full-time homemaker has no retirement savings. What can be done?Next →What is the ruling on buying lottery tickets, entering lucky draws or paid contests?

Related questions

Who owns the property a wife had before marriage, or inherited from her family?It remains entirely hers; marriage does not transfer ownership to the husband, and he may not use it without her free…A husband asks his wife to be his guarantor or to take a loan in her name for him. Should she agree?She has the right to refuse, and if she agrees she must understand that legally she is the one who will be pursued…Whose is a working wife's salary? Must she give it to her husband?A wife's salary is entirely hers, and she is not obliged to hand it to her husband or fund the household. Isla…Who owns the money gifts and presents received at a wedding — the couple, the parents, or the husband alone?It depends on the giver's intention: gifts given to the couple belong to both of them, gifts for the wife belong to the…A husband asks his wife to stop working to look after the children. How can her finances be protected?If she agrees, the decision should come with clear financial guarantees, because she loses income, retirement contributions…A husband or wife runs a small online business. Must business zakat be paid?Yes, if the business's value at the end of the year — stock, business cash and customer debts expected to be paid…
This answer is general reference, not a fatwa. For your situation, consult the religious affairs office, a Syarie lawyer or your state Syariah Court.

Comments or feedback

Read only by the MYPolygyny administrator — never published.

🔒 Do not include sensitive personal details. Privacy notice

About Us · Ask · Site Map · Privacy · Editorial policy · Disclaimer

✓ Pemindahan pelayan selesai — kini lebih bersedia untuk berkhidmat kepada anda. · Server migration completed — ready to serve you better from now on.