Why Faraid Matters: Strategic Legacy Planning For Malaysia’s UHNWI.
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Why Faraid Matters: Strategic Legacy Planning For Malaysia’s UHNWI.
Faraid, derived from the Arabic word faridah meaning “fixed portion”, refers to the divinely prescribed system of inheritance distribution in Islam. Its principles are explicitly set out in the Qur’an, particularly in Surah An-Nisa, verses 11, 12, and 176. Among them: “Allah commands you concerning your children: for the male, what is equal to the share of two females…” (Surah An-Nisa, 4:11) Faraid is considered qat’i (definitive) matter in bo…
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