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Islamic Wills
When a Muslim dies there are four duties which need to be performed. These are:
- payment of funeral expenses
- payment of his/her debts
- execution his/her will
- distribution of the remaining estate amongst the heirs according to Sharia
The Islamic will is called al-wasiyya. a will is a transaction which comes into operation after the testator’s death. The will is executed after payment of funeral expenses and any outstanding debts. The one who makes a will (wasiyya) is called a testator (al-musi). the one on whose behalf a will is made is generally referred to as a legatee (al-musa lahu). Technically speaking the term “testatee” is perhaps a more accurate translation of al-musa lahu.
Importance of a Will
A Will is a legal document that allows you to make your wishes known when you are no longer here. By having a Will you are able to leave instructions for the distribution of your estate and you can name someone as the executor of your Will to carry out these instructions on your behalf.
Instruction for Islamic Will is clear in the Quran and in below hadiths.
The importance of the Islamic will (wasiyya) is clear from the following two hadith:
“It is the duty of a Muslim who has anything to bequest not to let two nights pass without writing a will about it.” (Sahih al-Bukhari)
“A man may do good deeds for seventy years but if he acts unjustly when he leaves his last testament, the wickedness of his deed will be sealed upon him, and he will enter the Fire. If, (on the other hand), a man acts wickedly for seventy years but is just in his last will and testament, the goodness of his deed will be sealed upon him, and he will enter the Garden.” (Ahmad and Ibn Majah)
Features of our Islamic Will
Compliant with
Australian law
Compliant with
Sharia law
Sharia compliant distribution
of your inheritance
Includes your
burial rights
Guardian of
your children
Apply
complete a short application form with your instructions
Refine
we get your draft will and get you to sign off
Notarized
The legal team sign off, send you a copy and store the original with them
Why Choose
Meezan Wealth
Served 5,000+ Muslim clients with 13-year Industry experience
Offering Sharia’h complaint financial products
Fastest Finance Processing &
No Waiting Period
One-Stop-Shop in
Islamic Financial services
Superior client service
In house Financial Adviser & Investment Portfolio
Manager
Highly Qualified
Bachelor in Business
(Accounting and Finance)
Diploma in Financial Services
(RG146)
Advanced diploma in Financial Planning
Diploma of Finance and Mortgage Management
Certificate IV in
Finance and mortgage broking
Certification in
Self-Managed super fund Investments and Structures
Certificate in
Listed products adviser (ASX) and listed securities
Cert Iv in
Real estate Agent and Sales Person
What Our Clients Say
“We would like to express our thanks for the work you have done for us over the past years. The expertise and attention to detail with which you have handled our financial affairs could not be faulted. Particularly reassuring to us is our feeling of certainty in the absolute integrity of your dealings with us. Your continual advice on financial planning issues has saved us significant amounts of money. May you prosper, along with your clients.”
Dr Mutasim Sadiq
“Meezan finance provided us an
outstanding service throughout the whole application process. The staffs were very responsive to our needs, answered our
telephone calls and emails promptly, followed up with sellers, solicitors and arranged property settlement for us. We
are happy that through Meezan Finance we have achieved the best Islamic loan for our family’s needs. We have no
hesitation in recommending Meezan wealth to anyone.”
Usman Saleem
Senior Technical Manager (IBM)
“Passion, knowledge and a genuine interest in achieving the best
for clients is what makes a truly professional Financial Adviser. Rokibul always had this and more. His dedication to
clients, business excellence and education sets him apart and I would highly recommend him to anyone wanting to achieve
better financial outcomes.”
Sameer Syed
IT Developer (Inenco Group)
“I am absolutely delighted with your service. It is really
refreshing to work with a financial adviser who is truly interested in their client’s needs, circumstances and
preferences. What really impressed me was the way you took the time to get a feeling for where I was at, your depth of
knowledge, lateral thinking and your common-sense approach. Your professional, ethical and caring demeanour elicits my
trust and respect and I gladly recommend your services whenever possible.”
Amer Islam
IT Consultant
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