Islamic Estate Planning

Writing wasiat (Will), declaration of harta sepencarian, hibah (gift), declaration of hibah (pri-hibah)and waqf are parts of the i..

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Writing wasiat (Will), declaration of harta sepencarian, hibah (gift), declaration of hibah (pri-hibah)and waqf are parts of the islamic estate planning. This blog is designed for the public to exchange ideas about matter and related subjects such as executorship, estate administration, trusteeship, custodian of documents and guardianship of property.
Added: January 22, 2010
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Trusteeship and as-Salihin Trustee Berhad

Published on 2010-01-17 17:46:00

TrusteeshipA Trust is a legal obligation that comes into existence when an individual or other legal entity ("the settlor") transfers the legal ownership of his assets to another person or persons ("the trustees") to hold for the benefit of other person or persons ("the beneficiaries").>> A Trust that takes effect only upon the death of the Settlor invariably invokes the rigid operation of the Faraid Rules.>> To avoid such process and remain Islamic-compliant, as-Salihin Trusts are structured so

Guardianship of Property

Published on 2010-01-17 09:34:00

Guardianship of PropertyIntroductionGuardianship is the management by an adult of the person and property of either a minor or an insane or disabled adult. In Islam, guardianship is divided into two categories, namely, guardianship over:>> the ward's property; which expires upon the child reaching the age of majority (18), unless for reasons of insanity or other disability, the ward remains unable to take care of himself or to manage his property accordingly;>> the ward's person; which expires i

Custodian of Wasiat Documents

Published on 2010-01-17 06:03:00

A. Custodian of DocumentsCustodian of Wasiat DocumentOnce you have written your Wasiat (Islamic Will), it is incumbent upon you to ensure that the document is kept in a safe place so that your beneficiaries would not unduly suffer on account of any problem that may arise, such as their inability to locate your Wasiat once you are no longer around.>> Highly secure custodial services using the latest computer technology are available at as-Salihin for the safe-keeping of all the documents which yo



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