FatwaFederal TerritoriesInheritance, Wills & Gifts
Fatwa Berkenaan Kedudukan Orang Yang Dinamakan Oleh Si Mati Sebagai Penama
What is the legal position of a person named by the deceased as a nominee in a savings scheme or insurance?
Short answer
A Muslim nominee named by the deceased in a savings scheme such as a provident fund, insurance, fund, cooperative or financial institution is regarded as the executor (wasi) of the deceased.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Status
- Fatwa committee decision
- Series
- Keputusan Fatwa Wilayah Persekutuan (e-Fatwa)
- Topic
- Inheritance, Wills & Gifts
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
A Muslim nominee named by the deceased in a savings scheme such as a provident fund, insurance, fund, cooperative or financial institution is regarded as the executor (wasi) of the deceased. The nominee must distribute the estate to the rightful heirs according to the faraid rules. Before distribution, funeral costs, debts and bequests up to one third of the remainder must be settled.
Written in our own words from the original fatwa — check the source before acting on it.
Orang Islam yang dinamakan sebagai penama oleh si mati dalam apa-apa skim simpanan wang dalam mana-mana Kumpulan Wang Simpanan, insurans, tabung, lembaga, syarikat kerjasama, koperasi atau institusi kewangan ialah wasi1 kepada si mati
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “Fatwa Berkenaan Kedudukan Orang Yang Dinamakan Oleh Si Mati Sebagai Penama”, date not stated. https://efatwa.muftiwp.gov.my/fatwa/0a9c84be101384de42d2d1f25490b52d. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/position-of-nominee-named-by-deceased/