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Hibah – A Tool for Estate Planning in Islam In Islam, specific principles and guidelines exist for Muslims to manage their wealth and estate. Understanding these principles is essential for Muslims who wish to follow the teachings of the Al-Quran. This article will explore key elements of one of Islamic estate and financial planning known as Hibah. These principles of estate planning exist not only as a guide to individuals but...

Estate Planning Tools for Muslims There are four dimensions in estate planning for Muslims: Faraid, Wasiyyah (wills) Hibah (gifts) and Waqf (charitable) For Muslims, proper Islamic estate planning can be key to the smooth distribution of assets to their heirs. When a Muslim dies, the Islamic Law of Inheritance, namely Faraid, applies to the distribution of the deceased’s estate. This article will discuss the basics of faraid applicable to Muslims....

A Commissioner for Oaths is a vital role in the Malaysian judicial system. In Malaysia, there are roughly 4,000 Commissioner for Oaths licensed in Malaysia. Their role shouldn’t be confused with that of a notary public, even though the work of the two may appear similar. This article explains what a Commissioner for Oaths is and their roles so you can choose the correct official for your circumstances. What is...

What is the purpose of a Letter of Demand? A letter of demand (“LOD”) is a letter to request some demands, often for payment of money, before resorting to legal action. It lays down the foundation and background of the claimant’s claim against the recipient. Simply put, it is a written request sent by the claimant or their lawyer demanding action or payment from the other party before potentially taking...