Solutions

Estate Planning

Introduction

A common trend in today's society is the writing of wills and nominations as a means of wealth distribution. Sadly, many of these wills and nominations are not prepared according to Islamic principles.

However, in the absence of wills or nominations, situations arise where the estate of the deceased is either inherited not by the rightful heirs or fought over by the surviving family members.

Such unhealthy practices need to be eliminated if the Muslim community ever wants to be successful in the management of Allah's trust.

The objective is, thus, to ensure that the wealth or estate transferred is in accordance with the giver or deceased's wishes and, more importantly, in accordance with the Shariah yet complying with the country's legal system.

Besides fulfilling these objectives, estate planning gives you more benefits.