Purpose

This paper aims to develop the best practices of Islamic estate planning for Muslims. Islamic estate planning is a fixed proposal for the management and outlook of an individual’s assets throughout their life and upon their passing, created by means of existing Islamic estate planning tools, for instance, farāʾiḍ (inheritance), waṣiyyah (will), hibah (gift) and waqf (endowment).

Design/methodology/approach

The paper used an interview method to obtain information on the best practices of Islamic estate planning. Semi-structured interviews were conducted with the respondents and estate planning providers in the northern region of Peninsular Malaysia. The data gathered was analysed using thematic analysis which involved five phases to construct the best practices of Islamic estate planning.

Findings

The paper identifies important elements in Islamic estate planning. The elements were outlined as the crucial things that Muslims should do to plan for intergenerational transfer and earning a good share in the hereafter.

Research limitations/implications

The first limitation of the paper is that the best practices were developed based on a qualitative method. There is no evidence of its validity, which is a gap that can be explored in the future. Second, it involves the perceptions of two types of respondents (individuals and Islamic estate planning providers), which may be broadened to other related stakeholders such as regulators, in future studies.

Originality/value

This paper presents a framework of best practices of Islamic estate planning, it being one of the first studies to do so, which is not only useful and relevant for Malaysian Muslims but also for Muslims in other countries.

中文翻译：

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制定伊斯兰遗产规划的最佳实践：基于个人和遗产规划提供者观点的构建

目的

This paper aims to develop the best practices of Islamic estate planning for Muslims. Islamic estate planning is a fixed proposal for the management and outlook of an individual’s assets throughout their life and upon their passing, created by means of existing Islamic estate planning tools, for instance, farāʾiḍ (inheritance), waṣiyyah (will), hibah (gift) and waqf (endowment).

Design/methodology/approach

该论文采用访谈法来获取有关伊斯兰遗产规划最佳实践的信息。对马来西亚半岛北部地区的受访者和遗产规划提供商进行了半结构化访谈。收集的数据使用主题分析进行分析，该分析涉及五个阶段，以构建伊斯兰遗产规划的最佳实践。

发现

该文件确定了伊斯兰遗产规划的重要元素。这些要素被概述为穆斯林应该做的关键事情，以计划代际转移并在来世中获得良好的份额。

研究限制/影响

该论文的第一个限制是最佳实践是基于定性方法开发的。没有证据证明其有效性，这是一个可以在未来探索的差距。其次，它涉及两类受访者（个人和伊斯兰遗产规划提供者）的看法，在未来的研究中，这些看法可能会扩展到监管机构等其他相关利益相关者。

原创性/价值

本文提出了伊斯兰遗产规划的最佳实践框架，它是最早这样做的研究之一，它不仅对马来西亚穆斯林有用和相关，而且对其他国家的穆斯林也有用。