Islamic Will Writing Service

Many people believe that Muslim individuals cannot make a Will as the Fara'id (Islamic inheritance law) already determines the respective shares of the heirs. Others believe that there is no need for a Muslim to make a Will, as everything is determined by Fara'id. As a result, many followers of Islam have yet to take advantage of the comprehensive benefits of having a Will and appointing a professional executor to administer their estates.

In fact, Muslims can have their own Wills. They are only prohibited from making a Will to change the respective shares of their heirs, which have been fixed by Fara'id.

Muslims can also make a Will to dispose of up to one third of their assets in ways they prefer – from this portion, they may make donations to charities, bequeath to friends or even relatives who will not be their heirs under Fara'id.

Benefits

By creating a Will, a Muslim individual can:

* make gifts to others who are not named as heirs under Fara'id.
* make arrangement to meet special needs for some of the heirs – e.g. name a guardian for any young children to ensure their continued provision and support
* relieve the burden of family and friends at such time of grief by appointing the executor to attend to various arrangements relating to the estate administration which may be time consuming and stressful.

This Service is provided by HSBC (Malaysia) Trustee Berhad, Global Wealth Solutions (GWS) and marketed by HSBC Bank Malaysia Berhad

This will writing service for Muslims is provided by GWS.

GWS will be named as the executor of your Will. Upon death, the executor, will coordinate with your family and attend to incidental arrangements for protecting and distributing the estate, after settling all debts and liabilities, zakat and completing all legal formalities, in accordance with your Will.

HSBC (Malaysia) Trustee Berhad

GWS is a global business-line that provides wealth planning solutions for high net worth individuals, entrepreneurs and their families all over the world.

In addition to creating fiduciary structures, GWS have considerable experience in Will writing and estate administration. GWS have established global and local contacts that enable us to seek appropriate advice and keep ourselves updated in matters relating to Will writing and estate administration.

Need more information? Please contact GWS at 603-2090 5999