Islamic Financial and Estate Planning Advisory

Islamic Financial and Estate Planning Advisory

Is a process of organizing one’s property through elements of preservation, accumulation

Islamic Estate Planning – is it for me…?

Established to meet the crying need of the ordinary Muslim to accumulate, preserve and to distribute their hard earned wealth to their loved ones in a manner based strictly on Syari’ah principles.

Muslims which fall within the following categories must also be aware of their peculiar circumstances vis-à-vis the principles of Faraid; converts, childless couples, adopted children, foster parents, no male heirs, single parents, divorcees and polygamous marriages.

  • I have a highly complex family and asset structure, how can Islamic Estate Planning help me?
  • I’ve heard of Faraid Law of Distribution, how do I plan to make sure my heirs get the right proportions according to my wishes?
  • How does the Islamic Family Law (Federal Territories Amendment Bill) affect my current inheritance plans?
  • I’m polygamous. How should I go about planning my Estate for my wives and children?
  • I’ve many businesses of which some are with Non-Muslim partners. How should I plan for my Business Succession with them?
  • I’m running a highly geared company. How do I create an asset protection plan and preserve my hard earned wealth for my family in accordance with Syari’ah principles?
  • Most of my wealth is in overseas. What is the best methodology to hold and manage it better? Will creating an offshore company in a tax haven country benefit me and protect my estate from creditors?
  • With regards to passing down my wealth. How do I prevent family feuds and achieve harmony at the same time?

 

Defining Islamic Estate Planning…

Is a process of organizing one’s property through elements of preservation, accumulation and distribution with the overall objective of enhancing and sustaining the financial security of individuals, their families and future beneficiaries of the estate in a manner based strictly on Syari’ah principles.

Hadith of the Prophet Muhammad {pbuh}. says as narrated by Abdullah bin Umar:

“It is not permissible for any Muslim who has something to will pass two nights without having his last Will and Testament written and kept ready with him”

from Sahih Al-Bukhari {Vol IV, p.1}

Request

a free consultation

Would you like to speak to one of our financial advisers? Just submit your contact details and we’ll be in touch shortly. You can also email us if you prefer that type of communication.

I would like to discuss