بسم اللہ الرحمٰن الرحیم

الجواب ومنہ الصواب

Distribution of wealth is related to inheritance and inheritance is linked to the person’s death.  But during a person’s lifetime, whatever property is owned by whoever, belongs to that individual.  He or she is free to dispose of it as desired, whether they keep it for themselves or sell their share of property to get money.

If divorce occurs between a husband and wife and her waiting period “Iddah” has completed, the husband and wife become total strangers to each other.  So, just as strangers can participate in mutual trade, etc., their participation and business involvement can also continue to exist.  But if both want to separate their shares, they are allowed to do so according to Shariah rules.

a. Whether one party buys the shares of the other party and becomes the sole owner.

b. Or decide to sell their shares to a third party and end their joint ownership. 

Divorce does not affect the status of ownership. (Per Darul Ifta Darul Uloom Deoband).

فقط واللہ اعلم بالصواب