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ISLAMIC BANKING

Plan your legacy anytime, anywhere

Wealth Distribution solution #ForYou

Wasiat

You can now write your will online.


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.

Visit the iWasiat website to fill out your will online.

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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.