AskImamDarul Iftaa Mahmudiyyah (AskImam)
are we allowed to pay goodwill when purchasing a business.
Question
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are we allowed to pay goodwill when purchasing a business.
Answer
In principle, goodwill is not permissible. However, the alternative is to set a higher value price to the commodities of the business.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
- Answered by
- Mufti Ebrahim Desai
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