Islamic wealth management: is the nominee a trustee or beneficiary? An analysis on the application of the nomination instrument in the disposition of property in Malaysia from the perspective of Islamic law

• Main Author: Abdullah, Mohamad Asmadi
• Format: Article
• Language: English
• Published: Sweet & Maxwell Asia 2011
• Subjects: KBP Islamic Law
• Online Access: http://irep.iium.edu.my/3309/1/The_law_review_2011Article__on_Nomination.pdf; http://irep.iium.edu.my/3309/; http://www.sweetandmaxwellasia.com.my/products/The-Law-Review.pdf?ts=1272868375974

Nomination is originally a means to expedite the process of the administration of a deceased Muslim’s estate. With nomination, a nominee therefore has a legal right to claim the property of the deceased from the relevant financial institution such as Insurance companies, Takaful companies, Tabung Ha...