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Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims

The amount of frozen assets due to unclaimed inheritance in the Muslim society in Malaysia is significant. There are is about a million land titles that are still in the name of the deceased owners. In 2012, the amount of frozen estates is estimated to be around RM45 billion and this figure is expec...

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Main Authors: Ghul, Z. H., Yahya, Mohamed Hisham, Abdullah, Amalina
Format: Article
Language:English
Published: A R C Publications 2015
Online Access:http://psasir.upm.edu.my/id/eprint/46875/1/Wasiyyah%20%28Islamic%20will%29%20adoption%20and%20the%20barriers%20in%20Islamic%20inheritance%20distribution%20among%20Malaysian%20Muslims.pdf
http://psasir.upm.edu.my/id/eprint/46875/
https://www.arcjournals.org/international-journal-of-humanities-social-sciences-and-education/volume-2-issue-1
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spelling my.upm.eprints.468752022-07-08T23:18:11Z http://psasir.upm.edu.my/id/eprint/46875/ Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims Ghul, Z. H. Yahya, Mohamed Hisham Abdullah, Amalina The amount of frozen assets due to unclaimed inheritance in the Muslim society in Malaysia is significant. There are is about a million land titles that are still in the name of the deceased owners. In 2012, the amount of frozen estates is estimated to be around RM45 billion and this figure is expected to increase further. This statistics is alarming and calls for an urgent need in solving the problem of unclaimed inheritance in the Muslim society in Malaysia. It is imperative to teach that Muslims have a clear idea on the appropriate instruments and course of actions in estate planning. The majority of muslims in Malaysia do not view estate planning as a serious matter. Previous researches attest that some of the Muslims, themselves, are sceptical about making a Wasiyyah (Islamic Will). This is the evidencenced substantiated by the large number of Malaysian Muslims who do not have Wasiyyah. In general, the level of awareness of Wasiyyah practice is not very encouraging, specifically, among Malaysian Muslims. The findings from this study show that 1) knowledge on the concepts of Islamic estate planning and 2) awareness of the importance wealth management have a significant effect towards Wasiyyah practices. In terms of barriers in Islamic inheritance distribution, the biggest obstacles among all the factors are lengthy estate management and distribution process. A R C Publications 2015-02 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/46875/1/Wasiyyah%20%28Islamic%20will%29%20adoption%20and%20the%20barriers%20in%20Islamic%20inheritance%20distribution%20among%20Malaysian%20Muslims.pdf Ghul, Z. H. and Yahya, Mohamed Hisham and Abdullah, Amalina (2015) Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims. International Journal of Humanities, Social Sciences and Education, 2 (1). pp. 1-11. ISSN 2349-0373; ESSN: 2349-0381 https://www.arcjournals.org/international-journal-of-humanities-social-sciences-and-education/volume-2-issue-1
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description The amount of frozen assets due to unclaimed inheritance in the Muslim society in Malaysia is significant. There are is about a million land titles that are still in the name of the deceased owners. In 2012, the amount of frozen estates is estimated to be around RM45 billion and this figure is expected to increase further. This statistics is alarming and calls for an urgent need in solving the problem of unclaimed inheritance in the Muslim society in Malaysia. It is imperative to teach that Muslims have a clear idea on the appropriate instruments and course of actions in estate planning. The majority of muslims in Malaysia do not view estate planning as a serious matter. Previous researches attest that some of the Muslims, themselves, are sceptical about making a Wasiyyah (Islamic Will). This is the evidencenced substantiated by the large number of Malaysian Muslims who do not have Wasiyyah. In general, the level of awareness of Wasiyyah practice is not very encouraging, specifically, among Malaysian Muslims. The findings from this study show that 1) knowledge on the concepts of Islamic estate planning and 2) awareness of the importance wealth management have a significant effect towards Wasiyyah practices. In terms of barriers in Islamic inheritance distribution, the biggest obstacles among all the factors are lengthy estate management and distribution process.
format Article
author Ghul, Z. H.
Yahya, Mohamed Hisham
Abdullah, Amalina
spellingShingle Ghul, Z. H.
Yahya, Mohamed Hisham
Abdullah, Amalina
Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
author_facet Ghul, Z. H.
Yahya, Mohamed Hisham
Abdullah, Amalina
author_sort Ghul, Z. H.
title Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
title_short Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
title_full Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
title_fullStr Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
title_full_unstemmed Wasiyyah (Islamic will) adoption and the barriers in Islamic inheritance distribution among Malaysian Muslims
title_sort wasiyyah (islamic will) adoption and the barriers in islamic inheritance distribution among malaysian muslims
publisher A R C Publications
publishDate 2015
url http://psasir.upm.edu.my/id/eprint/46875/1/Wasiyyah%20%28Islamic%20will%29%20adoption%20and%20the%20barriers%20in%20Islamic%20inheritance%20distribution%20among%20Malaysian%20Muslims.pdf
http://psasir.upm.edu.my/id/eprint/46875/
https://www.arcjournals.org/international-journal-of-humanities-social-sciences-and-education/volume-2-issue-1
_version_ 1738511946303406080
score 13.211869

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