For muslims, preparing a will and distributing his or her assets upon death in line with the Faraid law is a must. There is no getting around that.
For the convenience of folks out there wanting to know more about the Faraid law, I’ve found a number of useful links.
Do have a look at them.
1. For the Faraid Law table (i.e. how to distribute assets), click HERE.
2. FAQs about Wills and Islamic Wills, click HERE.
3. Glossary of jargons used, click HERE.
4. Distribution Act 1958 (as amended by the Distribution (Amendment) Act 1997) that applies to non-muslims, click HERE.
Disclaimer: This article is not a specific nor general advice on managing or investing your money. This article does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs.
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