TOPICS FOR ASSIGNMENT

BWFS 3073 (ISLAMIC ESTATE, RETIREMENT AND WAQF PLANNING)

NO NAME MATRIX NO. TOPICS REMARKS

1 -Definition of Faraid system
st -Verses on Faraid (surah al-
1 group THE APPLICATION OF ISLAMIC LAW OF
Nisa’)/hadith
INHERITANCE (FARAID) IN MALAYSIA - The Importance / Distinction of
Faraid System
- Obligations to settle before faraid
-The process of faraid
claim/distribution
-Roles of Syariah Court/ district
land office in Faraid
- Issues in Faraid
(Matrimonial assets, Insurans,
KWSP, Gratuity, Pension)

2 -Definition of Wasiyyah/ Wills/

2nd group THE APPLICATION OF WASIYYAH
(BEQUEST) IN MALAYSIA
Wisayah / types of wasiyyah
- Verses on wasiyyah/ hadith
- Wills Act 1959 and Wasiyyah
- The practice/process of wasiyyah
in Malaysia (which organisations,
forms, fees etc..)
-Issues of wasiyyah in Malaysia
(oral wasiyyah etc)

3 -Definition of Hibah/ types of

Hibah/pillars of Hibah
3rd group THE APPLICATION OF HIBAH IN
-Verses on Hibah/Hadith
MALAYSIA - The practice/process of Hibah in
Malaysia / legal process
- Types of hibah practiced in
Malaysia (Hibah amanah, hibah on
Takaful benefit, Conditional Hibah)
- Declaration of hibah
- Issues in Hibah : Qabd(ownerhip),
 ‘Umra and Ruqba etc.)

4 4th group -Definition of waqf

-Sources of waqf (verses, hadith)
THE APPLICATION OF WAQF IN
-Types of waqf (during lifetime,
MALAYSIA family waqf and cash waqf –
elaborate more on cash waqf)
-Practice of waqf in Malaysia/ legal
process
-Issues of waqf (istibdal etc)

5 5th group -Definition of matrimonial assets

MATRIMONIAL ASSETS FROM FIQH AND
LEGAL PERSPECTIVE
(harta sepencarian) (fiqh and legal
view)
- Sources of matrimonial assets
(Quran and hadith)
- The best view (qaul mu’tamad )
about matrimonial assets
- The practise in Malaysia/legal
aspects (how?, agencies involved
etc)
-Issues in matrimonial assets

6 6th group -definition of power of attorney

POWERS OF ATTORNEY FROM SHARIAH
PERSPECTIVE
- sources (quran or hadith0
-PoA from shariah perspective
-Concep of wakalah/ sources/ pillars
of wakalah
-Practise of Islamic power of
attorney (wakalah) in Malaysia
-Issues in power of attorney
(wakalah )

7 7th group -Definition of retirement planning

RETIREMENT PLANNING FROM SHARIAH
PERSPECTIVE
from conventional and Islamic view
- sources of retirement planning
from al-Quran and Hadith
- Connection of retirement planning
with maqasid al-shariah

8 8 th group
THE CONCEPT OF ISLAMIC TRUST AND
ITS RELATION WITH ESTATE PLANNING
9 9th group
DISCUSS THE ROLES AND IMPORTANCES
OF ESTATE PLANNING AGENCIES IN
MALAYSIA (AMANAH RAYA, WASIYYAH
SHOPPE, AL-SALIHIN GROUP)
10 10th group
THE INSTRUMENTS OF ISLAMIC ESTATE
PLANNING
- Shariah compliant retirement
planning
- The practise of retirement
planning in Malaysia (private
companies, banks etc)
-issues in retirement planning
-Definition of trust from legal and
Islamic perspective
-Sources of Islamic trust (Quran and
Hadith)
-The concept of Legal and
beneficial ownership in Islamic trust
- The pillars of Islamic trust
- Islamic Trust in Malaysia Legal
System
-Shariah compliant Trust in
Malaysia
Issues in Islamic trust
-Estate planning agencies in
Malaysia (background and lists)
- The roles of those agencies
- How these agencies practise:
i. wasiyyah
ii. faraid
iii. hibah
iv. waqf
v. etc
- Issues of these agencies (fees,
contracts, forms etc)
-Give your comments
-Definition of Islamic estate
planning
-sources of Islamic estate planning
from al-Quran and Hadith
- Discuss the instruments (definition
and application in brief n issues )
1. faraid
 2. wasiyyah
3. hibah
4.waqf
5. wisayah
6. wadi’ah (trust)
7.matrimonial assets
8. nomination
-Conclusion
11 11 group ISSUES AND CHALLENGES IN ESTATE, 10 cases (faraid, wasiyyah, hibah
RETIREMENT AND WAQF PLANNING and waqf)
-explanation of the cases and
summarization
12 12nd group APPLICABLE ISLAMIC COMMERCIAL - Islamic financial planning
CONTRACTS IN FINANCIAL PLANNING industry in malaysia’
INDUSTRY IN MALAYSIA - Quranic verses and hadith
about financial planning
- Applicable shariah
contracts in financial
planning :
- 1. Mudharabah
- 2. Bai’ al-Urbun
- 3. Qard al-hasan
- 4. Bai’ Istijrar
- 5. Kafalah
- 6. Ta’widh
- 7. Wa’ad
- 8. Rahn
- 9. Hiwalah
- 10. Bai’ Sarf
Conclusion
DATE OF SUBMISSION :

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# The report must not less than 10 pages and not exceed 15 pages

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# Referrences (5 and above books, jurnals, internet, interviews etc)

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1. Front page (UUM logo and IBS logo, course and code, report topic, student’s name , matrix
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2. Abstract (half page)
3. Contents and pages
4. Introduction
5. Discussion/ Contents
6. Conclusion
7. Referrences
8. Appendix
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