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What is Hibah and Faraid in Islamic Inheritance about?

- An estate refers to all assets and liabilities of a deceased person that can be inherited according to Islamic law. Faraid determines the rights and portions of heirs based on Sharia law as ordained in the Quran. - Estate planning allows one to dispose of their estate after death to ensure loved ones receive it promptly. However, Islamic law considers nominations in insurance or retirement accounts invalid and contrary to Faraid. - During one

Author

Syarifah Erni

Language

EN