Islamic Trusts: An Alternative Option for the Wealthy
Aida Othman Zaid Ibrahim & Co
An increasing number of Muslim high net worth individuals are exploring legal options and structures that help them achieve strategic objectives and optimal arrangements in asset management, planning and distribution. Aida Othman explores the options.
Many wealthy Muslims have begun to realise that it is important to have legal arrangements in place in relation to their extensive assets and that they are not limited to leaving an estate that will be distributed in accordance to Islamic inheritance rules only.