Legislative provisions for waṣiyyah wajibah in Malaysia and Indonesia : to what extent do they differ in practice ?
Joint Authors
al-Mamun, Suhayli
Qamar al-Din, Muhammad Khayri
Muhammad, Nasr al-Hiyam Nur
Ahmad, Riayati
Nasir, Wan Nadiyah Wan Muhammad
Source
ISRA International Journal of Islamic Finance
Issue
Vol. 14, Issue 2 (31 Aug. 2022), pp.157-174, 18 p.
Publisher
International Shari'ah Research Academy for Islamic Finance
Publication Date
2022-08-31
Country of Publication
Malaysia
No. of Pages
18
Main Subjects
Business Administration
Economy and Commerce
Abstract EN
Purpose : This research aims to examine and compare differences in waṣiyyah wājibah (obligatory bequest) (WW) practices in Malaysia and Indonesia.
Design/methodology/approach : This is an exploratory qualitative research, employing a thematic analysis approach.
Six Muslim Wills (State) Enactments [Enakmen Wasiat Orang Islam (Negeri)] in Malaysia, Islamic Law Compilation (Kompilasi Hukum Islam) in Indonesia, two fatwas (ruling in religious matters) and one court case from each country are analysed.
Data is collected from official government websites and other reliable search engines.
Findings : First, the findings show that the WW practice in both countries is similar regarding the quantum of the beneficiaries' entitlement.
However, the practice varies between both countries in terms of the types of beneficiaries and how the bequest is distributed.
Second, this study shows the potential of WW as an estate planning instrument to complement the existing instruments in each country, especially when addressing family members who are not entitled to succeed by farāʾiḍ (Islamic inheritance law).
Practical implications :The provision of relevant laws and regulations regarding WW needs to be formulated to guarantee the well-being of dependants.
The differences in practice between the two countries can be a guideline to expand the WW scope and context to other Muslim countries.
Originality/value : This study is the first attempt to compare WW between two Muslim-majority countries focusing on relevant laws, court cases and regulations.
American Psychological Association (APA)
al-Mamun, Suhayli& Qamar al-Din, Muhammad Khayri& Nasir, Wan Nadiyah Wan Muhammad& Muhammad, Nasr al-Hiyam Nur& Ahmad, Riayati. 2022. Legislative provisions for waṣiyyah wajibah in Malaysia and Indonesia : to what extent do they differ in practice ?. ISRA International Journal of Islamic Finance،Vol. 14, no. 2, pp.157-174.
https://search.emarefa.net/detail/BIM-1429453
Modern Language Association (MLA)
Ahmad, Riayati…[et al.]. Legislative provisions for waṣiyyah wajibah in Malaysia and Indonesia : to what extent do they differ in practice ?. ISRA International Journal of Islamic Finance Vol. 14, no. 2 (2022), pp.157-174.
https://search.emarefa.net/detail/BIM-1429453
American Medical Association (AMA)
al-Mamun, Suhayli& Qamar al-Din, Muhammad Khayri& Nasir, Wan Nadiyah Wan Muhammad& Muhammad, Nasr al-Hiyam Nur& Ahmad, Riayati. Legislative provisions for waṣiyyah wajibah in Malaysia and Indonesia : to what extent do they differ in practice ?. ISRA International Journal of Islamic Finance. 2022. Vol. 14, no. 2, pp.157-174.
https://search.emarefa.net/detail/BIM-1429453
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 171-173
Record ID
BIM-1429453