ANALYSIS OF TRUST INSTRUMENTS IN MALAYSIA AS ISLAMIC ESTATE PLANNING: THE CHALLENGES AND EFFECTS

Efficient and effective Islamic estate planning not only provides convenience to Muslim but also capable of driving national economic progress development. One the instruments is trust instrument which based on Civil Law. The effect implementing at an early stage can be seen in property acquired as it managed effectively indirectly harms beneficiary. Therefore, this study will try identify what are challenges implementation trust, implemented efficiently looking effects late during a lifetime. This qualitative by analyzing previous articles, related statutes, application institutions Malaysia. To achieve objectives study, authors conducted interviews with officers Amanah Raya Berhad (ARB), largest Public Trustee Malaysia year has reached 100th anniversary its establishment. finding found that significant assisting planning. In conclusion, lifetime should taken lightly society detrimental family economy.