Allocating a gift to one's wife

Q 1: About 20 years ago, I bought a piece of land in Makkah Al-Mukarramah for 20,000 riyals from my money but I registered it in my wife's name as a gift for passing 20 years of our marriage. At that time, I had 5 daughters and a son in addition to my mother who was still alive. Sixteen years ago, I expressed a wish to marry another woman. What mattered is that my current wife had borne my bad conditions patiently when I was poor and of limited income which I would spend on my mother, my orphan brothers, and my family. I gave her one million riyals and registered her as a partner in a company I established with somebody on the condition that she agrees to my marriage to another woman. However, she rejected the idea of the second marriage and said that all the treasures of this world would not make her relinquish (Part No. 11; Page No. 272) even the trimmings of a nail of mine, and if I married another woman, she would leave the house. I had at that time the same number of daughters, my son and my mother and I found great opposition from my daughters so I abandoned the idea of marriage but I kept the money in the company registered in her name. Then, three years later and all of a sudden, my son died and after sometime my mother also passed away, may Allah have mercy on her. I had three full brothers and a half brother. Am I sinful in what I gave to my wife?

A: Whatever you gave to your wife, whether it is money or anything else during your life, is permissible and becomes a possession of your wife. Q 4: When Al-Rajhy Bank was established, I bought a number of shares in my name and my wife and daughters. After assignment, I registered all the shares in my name. Yet, because my wife contributed to part of the value of these shares, I transferred all the shares to her name. What is the ruling on that? A: If the transfer of shares took place with the approval of those who have rights and they relinquished their rights, there is nothing wrong in this. May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.