IT'S TIME TO UNDERSTAND FARAID AND WASIAT BETTER

What are the main differences between muslim will and the conventional will?

• Not exceeding 1/3 of estate & No bequest to legal heir

• to will away to whoever he/she wishes

A bequest that exceed 1/3 of the estate or made in favour of a legal heir may be executed if the consent of other legal heirs can be obtained.

• TRUE

• FALSE

Who are the primary FARAID Heirs?

• Biological Brother and Biological Sister

• • Father

  • Mother

  • Husband/Wife

  • Daughter/s

  • Son/s

What is the Husband Portion in Faraid?

• 1/3 & 1/2 depending on situation

• 1/2 & 1/8 depending on situation

• 1/2 & 1/4 depending on situation

2 or more daughters, in the absence of son, what is the faraid share?

• 1/2

• Take All

• 2/3

3 types of gift during lifetime that MUIS FATWA covered?

• CPF Nomination, Insurance Nomination & Hibah Ruqba on Joint Banking Account

• Single Investment & Cash Holdings