Do Heirs Share in the Profit of a Sold Inherited Property?
Question: After a father’s death, if the children inherit property and buy a house, and later sell it for a profit, do the children receive a share of the profit?
Answer: The first and most important thing is that after the death of the father, the inheritance should be divided among the heirs immediately after burial, and each heir should receive their share separately. The shares of different heirs should not be mixed together. Each heir should manage their own share. The question is whether the heirs bought a house using the children’s inheritance shares and later sold it at a higher price. If the house was purchased solely with the inheritance shares of some minor children, then the house belongs exclusively to those children whose money was used to buy it. Other heirs do not have a claim to it. Whether the house is sold at a higher or lower price, the money belongs to the children whose shares were used to purchase it.
Respondent: Sheikh Maqbool Ahmed Salafi Hafizahullah
Jeddah Dawah Center, Saudi Arabia
Interpreter: Hasan Fuzail