True financial success is not just measured by how much we accumulate but also by how we pass it forward. At Maybank Islamic Wealth Management, Wealth Distribution is more than estate planning — it is about ensuring your values, vision and legacy continue to shape future generations.
For high-net-worth individuals and family offices, legacy planning requires a structured and values-driven approach. Our solutions help you preserve, distribute, and transition wealth seamlessly — ensuring financial security for your loved ones while safeguarding the principles that define your legacy.
Solutions for generational continuity (Wasiat)
Wasiat is a declaration of a person made during his lifetime with respect to his property or benefit thereof, to be carried out for the purpose of charity or for any other purpose permissible by Islamic Law, after his death.
Benefits
- A Muslim can bequeath up to 1/3 of his estate to non-Faraidh heirs or for charitable purposes (after deducting all debts and liabilities). The remaining 2/3 of his estate will be distributed to the Faraidh heirs, in accordance to Faraidh proportions
- To appoint the Guardian of your minor children (below 18 years of age) or special child. The Guardian will be the primary caretaker of your children who's responsible for their well-being
- To ensure that the distribution of your estate will be fast and efficient, as there are fewer formalities, thus avoiding possible erosion of the value of your estate.
iWasiat: A Shariah-compliant estate planning solution that ensures your wealth is distributed efficiently, fairly, and in accordance with your wishes. Secure your family's future with a comprehensive and structured wasiat framework.
Visit the iWasiat website to fill out your will online.