As-Salihin Islamic Estate Planning
Estate planning is defined as a legally effective arrangement for the disposition and management of a person’s estate which will not eliminate any fears but would also be able to fulfill his wishes within the Islamic laws once he/she leaves for the hereafter.
Why is Estate Planning important?
- Prevent any issues that could arise from the Estate
- Ensuring the your valuable properties are divided among your loved ones
- Avoid any family conflicts that may arise
- Established an improved financial planning arrangement.
Difference between not having a will and having one
Without a will
- Asset Frozen
- Application of Letter of Administration & Sijil Faraid (Appointment of Administrator)
- Application of dispensation of sureties (Administration Bond)
- Assets Free
With a will
- Asset Frozen
- Appointment of Executor
- Application for Grant of Probate and Sijil Faraid
- Assets Free
A trust company incorporated under the Companies Act 1965 and registered under Trust Companies Act 1949. as-Salihin was established to meet the needs of Muslims to preserve, protect, and distribute their assets for the benefit of their loved ones once they depart for the hereafter. as-Salihin aims to provide full range of services relative to estate planning in a manner based strictly on the Syariah.
