The husband may write a deed for his wife from his property for the amount he took of her gold
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Fatwa number ( 4241 )
Q: I ammarried, and I have children. I also have a son and a daughter from a previous wife who was divorced. Circumstances became tight, so I took my wife's gold and sold it to use the proceeds for business, but I lost money in my trade.She now has a claim on me for the value of her gold. This happened three years ago, and now the price of gold has risen to six or seven times its original value. I am unable to buy her a replacement for it because my financial situation has worsened. Please note that I own a house. Can I write over a portion of it to her in exchange for what I owe her, especially since she has started demanding her right from me? Please note that she holds a document proving this. My master, I want a Shari'ah solution for this matter.
to clear my conscience of her right, and I fear that her family may file a complaint against me, although I do not deny her right. Guide us, may Allah preserve you, for Islam is a treasure.
A: You must give her her right in gold, which you buy with what you wish to write for her from your property, or else you must write for her from your property an amount equal to the exchange value of her gold in riyals at the time of writing. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Q: I ammarried, and I have children. I also have a son and a daughter from a previous wife who was divorced. Circumstances became tight, so I took my wife's gold and sold it to use the proceeds for business, but I lost money in my trade.She now has a claim on me for the value of her gold. This happened three years ago, and now the price of gold has risen to six or seven times its original value. I am unable to buy her a replacement for it because my financial situation has worsened. Please note that I own a house. Can I write over a portion of it to her in exchange for what I owe her, especially since she has started demanding her right from me? Please note that she holds a document proving this. My master, I want a Shari'ah solution for this matter.
to clear my conscience of her right, and I fear that her family may file a complaint against me, although I do not deny her right. Guide us, may Allah preserve you, for Islam is a treasure.
A: You must give her her right in gold, which you buy with what you wish to write for her from your property, or else you must write for her from your property an amount equal to the exchange value of her gold in riyals at the time of writing. And success is from Allah, and may Allah send prayers and blessings upon our Prophet Muhammad, his family, and his Companions.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.