Profits Accruing On A Deceased’s Estate

Question

There were some investments. Profits on these investments are paid out monthly. What happens to the profits that gather after the demise of the deceased till the distribution? Does all of that also form part of the estate? 

Answer

In the enquired case, the investments and its profits will be a part of the estate provided that theinvestment scheme is Shariah-compliant.

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

References

التركة في الاصطلاح ما تزكة الميت من الأموال صافيا عن تعلق حق الغير بعين من الأموال كما في شروح السراجية. ص ٣٥٠ ج ٧ 

Disclaimer
Purpose and Scope
The information provided on this website is intended for informational and educational purposes only. Fatawa provided on this website are context-dependent, scenario-specific and are impacted by interpretations and individual circumstances.
The information provided on this website is not a substitute for an independent, scenario-specific question, and must not be used to determine or establish a ruling for any other circumstance, situation or dispute.
Accuracy and Reliability
While Darul-Ifta - Darul Uloom Azaadville strives for accuracy, errors may occur. Users are encouraged to verify information independently and notify the Darul-Ifta of any discrepancies.
We reserve the right to edit, moderate or remove any content.
No Legal Authority
Fatawa provided on this website are not legal judgments but rather religious rulings. Legal matters should be addressed through appropriate legal channels.
Acceptance
By using this website, users agree to these terms and conditions.