SERVICE SOLUTIONS PROVIDED
Wasiyyah Shoppe Berhad is a registered Shariah compliance trustee operating under the Trustee Act 1949. The act provides powers to Wasiyyah Shoppe Berhad to act not only as executor / administrator of estate but also as trustee of assets for our clients.
ASSETS THAT CAN BE HOLD BY WASIYYAH SHOPPE BERHAD AS TRUSTEE:
PUTTING YOUR ASSETS UNDER TRUST WILL BE VERY BENEFICIAL FOR THE FOLLOWING REASONS :
MINORITY BENEFICIARIES / BENEFICIARIES WITH SPECIAL REQUIREMENTS
Assets under trust will be professionally manage by Wasiyyah Shoppe Berhad to ensure minority beneficiaries / beneficiaries with special needs receives their welfare, education and medical entittlements properly via rightful custodian.
MAINTAINING DISCIPLINE OF BENEFICIARIES
Assets under trust can be disbursed to beneficiaries on monthly / quarterly / halfyearly / annually or in the event of any triggering events happens. This ensures beneficiaries strict discipline on assets utilization.
ASSESTS UNDER TRUST EXCLUDED FROM THE ESTATE
Clients assets put under trust is excluded from his / her estate. The client at his/her discretion has the power to instruct Wasiyyah Shoppe Berhad on the distribution formula, beneficiaries , management and investment strategies of the assets.