Islamic Estate Planning
Financial strategies that align with Islamic law, also known as Syariah, to preserve, protect
and distribute your assets according to your wishes upon your demise.
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What is Faraid?
In Islam, Faraid is known as an Islamic inheritance distribution method to the legal heirs based on the Islamic law.
Wasiat Writing
A Wasiat is a declaration of a person made during his life time
with respect to his property or beneficial interests thereof, to be
carried out for the purposes of charity or for any other purposes
permissible by Islamic Law, after his death.
Distribution of Assets Without
A Wasiat
Without a Wasiat, the assets of Muslims will be divided rigidly amongst their heirs in accordance with the Faraid, i.e. the Islamic law of inheritance.
Benefit of Writing a Wasiat
Islam permits a Muslim to bequeath one-third of his/her assets through a Wasiat to the loved ones who are not entitled under Faraid, even if they are not Muslims, or for charitable purposes in accordance with Syariah.
Importance of Wasiat by Law In Malaysia
Intestacy (Without Will)
Testacy (With Will)
Have you written your Wasiat?
Wasiat writing is essential for anyone with assets, family members, and liabilities. It must be done while you are of sound mind and healthy.
Do not procrastinate and start now!
We specialize in Islamic Estate Planning and will help you create a Wasiat according to your needs and Islamic Law.
Remember the wise words of Prophet Muhammad S.A.W., as narrated by Abdullah bin Umar:
“It is not permissible for any Muslim who has something to bequeath to stay for two nights without having his Last Will and Testament written and kept ready with him.”
You have the right to decide who will manage your estate and how it will be distributed after your departure. Don’t let others make these crucial decisions for you!
We’d Love to Hear From You
We’re here to help and answer any questions you might have. We look forward to hearing from you.