1.0https://www.awamipolitics.comGuest Writerhttps://www.awamipolitics.com/author/guest-writerrich600338<blockquote class="wp-embedded-content" data-secret="frqqyFP2Ir"><a href="https://www.awamipolitics.com/asset-division-in-business-partnerships-shariah-islamic-law-21820.html">Asset Division In Business Partnerships (Shariah, Islamic Law)</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.awamipolitics.com/asset-division-in-business-partnerships-shariah-islamic-law-21820.html/embed#?secret=frqqyFP2Ir" width="600" height="338" title="“Asset Division In Business Partnerships (Shariah, Islamic Law)” — " data-secret="frqqyFP2Ir" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,l){"use strict";var e=!1,o=!1;if(l.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<i.length;o++)if(r=i[o],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=l.createElement("a"),a=l.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,a.host===s.host)if(l.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=l.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> A ‘partnership’ is defined as an association of two or more persons engaged in a business for sharing profit and loss in proportion to to their initial paid-up capital. Partners are legally liable for all assests acquired in the name of the business (un less otherwise stated in the partnership agreement). Incase one of the partner(s) doesnot outlive the buisness, other partners cannot exercise their right over the share of the deceased partner when it comes to commercial property that is in the name of the frim or used  by the partners exclusively for the business. The share deceased partner