It 
 is permissible for a man to sell some of his property to one of his sons, 
 if he (the son) is able to make the purchase, and he should deal with him 
 as he would deal with a stranger. He should not give him any preferential 
 treatment that would indicate that he favours him over his siblings.

Business and Financial Transactions

From Fataawaa al-Lajnah al-Daa’imah, part 13/15

Father selling some of his
possessions to one of his sons

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Father selling some of his possessions to one of his sons