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FatwaJohorInheritance, Wills & Gifts

SAHAM ANGGOTA KPMNJ YANG TELAH MENINGGAL DUNIA

What is the ruling on, and the proper handling of, the shares of a deceased KPMNJ member?

Short answer

The shares of a deceased KPMNJ member must be handed to the heirs, after obligations to Allah such as zakat, hajj and kafarah and obligations to people such as debts are settled.

JohorFatwa committee decision

A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.

Authority
Johor State Mufti Department
Date
Status
Fatwa committee decision
Series
Fatwa Negeri Johor
Topic
Inheritance, Wills & Gifts

No evidence of gazettement in the source — this is not a gazetted fatwa.

Summary

The shares of a deceased KPMNJ member must be handed to the heirs, after obligations to Allah such as zakat, hajj and kafarah and obligations to people such as debts are settled. Trading the member's capital or savings after death does not comply with Islamic law and must stop, and profits and dividends earned after death are returned to the heirs. KPMNJ must make a diligent effort to find the nominee or heirs, and responsibility for distribution passes to the nominee once the shares are handed over. If no heir or nominee is traced after six months, the shares go to the baitul mal or small estate administration.

Written in our own words from the original fatwa — check the source before acting on it.

Ketetapan memperniagakan modal atau simpanan selepas tarikh anggota meninggal dunia yang telah dilaksanakan sejak tahun 2001 adalah tidak menepati hukum syarak dan hendaklah dihentikan.

Excerpt from the original fatwa · Johor

Read the full fatwa on the Johor website (new tab)

How to cite

Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.

Johor State Mufti Department. “SAHAM ANGGOTA KPMNJ YANG TELAH MENINGGAL DUNIA”, 25 January 2022. https://said.johor.gov.my/perkhidmatan/paparan_detail_fatwa.php?id=1597. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/shares-of-deceased-kpmnj-member/