What if wealth were not just measured by what we keep, but by what we uplift?

Islamic Wealth Management (IWM) views wealth not just as personal accumulation, but as a trust, or Amanah, to be managed ethically for both individual and societal good. This values-based approach is open to everyone and even aligns directionally with widely adopted global frameworks such as the Environmental, Social, and Governance (ESG) standards.

To guide individuals responsibly through every stage of their financial life cycle, IWM is built upon several core pillars. Discover more about the pillars of IWM, Wealth Purification and Wealth Distribution, and how they transform wealth into a force for impact.

Structured generosity is an ethical imperative in IWM. The central practice is Zakat (obligatory charity), which is much more than simple philanthropy; it is a systematic process of wealth purification and growth.

Zakat applies only to surplus wealth. It becomes obligatory when qualifying assets meet a minimum value threshold (Nisab) and have been held for a full lunar year (Haul).

• Spiritual and Social Impact: For the giver, it fosters a healthy detachment from materialism. For society, it is a powerful tool for social justice, redistributing surplus wealth to support those in need and fostering community progress.
• Wealth with Purpose: Unlike conventional models where giving is optional, IWM integrates Zakat as an essential part of financial stewardship, ensuring your prosperity contributes meaningfully to society.

To simplify this pillar, Maybank has launched value-based giving solutions, integrating Zakat, Fidyah and donations into one seamless framework on Maybank2u.

Seamlessly manage your charitable giving with Maybank's integrated Zakat and Fidyah Calculator.

Maybank’s Zakat Calculator empowers you to easily calculate your obligations across various asset classes:

• Savings & Investments: Calculate Zakat on term deposits, stocks, ETFs, and more.
• Gold: Easily differentiate between gold intended for personal usage versus investments.
• Insurance: Determine Zakat for savings-based policies, such as Endowment plans and Investment-Linked Policies (ILPs).

Calculate your obligations across savings, gold, insurance, and investments with a few simple clicks.

The platform aggregates your total payable Zakat, allows you to input eligible short-term financial deductibles, and generates a personalised PDF report for your records. This report provides a meaningful, customised record you can keep, refer to, and rely on. Serving as both a reference and a timely reminder, it helps you plan and fulfil your future almsgiving with confidence and clarity.

Click here to try the Zakat calculator now

Responsible financial stewardship also means ensuring fair asset allocation after one's passing. In Singapore, effective Islamic estate planning requires a balanced understanding of both Shariah requirements and civil law.

• Faraid (Inheritance Law): The default system allocating fixed shares of the net estate to legal heirs.
• Wasiat (Islamic Will): Highly recommended for bequeathing up to one-third of your estate to non-Faraid heirs, such as adopted children, non-Muslim family members, or charities.
• Hibah (Gift): Lifetime gifts offering flexibility outside the one-third rule. Based on MUIS Fatwas, nominations for CPF savings and insurance proceeds act as a Hibah, bypassing the estate to transfer directly to your chosen beneficiaries.

Navigating Shariah-compliant investing, Zakat obligations, and effective estate planning requires careful guidance.

Maybank empowers you to grow your wealth with purpose and have a legacy with values.

Discover how Maybank’s Islamic Wealth Management solutions can help you grow and manage your wealth with purpose. Click here to learn more today.

Prefer to speak with us directly? Email iwmsg@maybank.com to connect with our team and explore how we can support your financial journey.