Inheritance

Distribution of investment shares to the heirs

Q: A deceased relative held shares in Old Mutual and also received a few Quilter shares as a result of these shares in Old Mutual. When I went to submit the documentation today I was also told that since the 15th of this month the (deceased) shareholder received 8 Nedbank shares. The deceased also held shares in Retail Property (Pty) Ltd. These are held at Computershare. I do not know anything about shares and I do not know whether the beneficiaries can make use of the proceeds of the shares in terms of Sha'riah. In the event that, the beneficiaries cannot make use of the value of the shares then how best to dispose of them?

Inheritance

Q: A person dies leaving behind some land. His parents are not alive. How will this land be distributed to his widow, two sons and three daughters?

Inheritance

Q: I want to find out about inheritance on a will. I am married Islamically and had to get court married due to my work (company benefits). I am drafting a will and wanted to find out. I purchased a house before marriage, is it permissible to state on the will the house is half mines and half my wife's. And what are the inheritance percentages for my mother my brother and 2 sisters. I only have my wife and daughter that inherit from me as well. Can the percentages be given for all.

Inheritance

Q: My father passed away and left behind wife, 2 sons and 4 daughters. He also left behind 3 brothers, 2 sisters and 1 maternal aunt. Can you please explain how the estate should be distributed?

Sisters claiming a share in a business

Q: Whilst my father in law was alive he had a property and business which he gave to his two sons legally. Then both brothers decided to spilt, so again legally my husband gave his brother his share and paid him out.

My father in law at that time told my husband that when he gathers enough money, he will give his seven daughters 3000 each. My father in law passed away last year. Now when giving them 3 000 the sisters are saying that they are entitled to a share in the business and property because their dad built it. Islamically are they?