Blog Feed: Islamic Estate Planning

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 per > read more

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 > read more

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 p > read more

Declaration of Hibah (Pre-Hibah)

Published on 2010-01-15 23:12:00

IntroductionHibah is a transfer of property without exchange of consideration with a definite proposal on the part of the person who gives the gift and acceptance on the part of the person to whom the gift is given. "Pri-Hibah" is a product of as-Sal > read more

Declaration of Harta Sepencarian

Published on 2010-01-15 22:32:00

What is a Harta Sepencarian?Harta sepencarian is a property jointly acquired by husband and wife during the subsistence of a valid marriage. The surviving spouse is entittled to claim her portion thereof from the deceased spouse's estate before distr > read more

Wasiat (a Muslim Will)

Published on 2010-01-15 17:22:00

What is a Wasiat (Will)Wasiat is a declaration of a person made during his life time with respect to his property or benefit thereof, to be carried out for the purpose of charity or for any other purpose permissible by Islamic Law, after his death.Au > read more