Trust Management
Managing wealth with integrity, transparency, and Shariah compliance.
What is a Trust?
A trust is a legal arrangement that arises when an individual, known as the settlor, transfers ownership of assets to trustees — who hold and manage these assets not for themselves, but for the benefit of appointed beneficiaries.
Once assets are transferred, trustees become the legal owners, while beneficiaries hold beneficial ownership. Trustees are responsible for managing these assets based on agreed terms, with fairness, transparency, and integrity.
In essence, a trust represents a sacred duty — property held by one for the benefit of another, embodying honesty and responsibility as taught in Islam.
Trust is Al-Amanah
In Islam, trust (Al-Amanah) represents faith and responsibility — a noble duty guided by divine law and morality.
“Allah commands you to render back your trusts to those to whom they are due, and when you judge between people, judge with justice.”— Surah An-Nisa, Verse 58
“Do not consume one another’s wealth unjustly or by false means.”— Surah Al-Baqarah, Verse 188
Forms of Trust
Testamentary Trust
Created in a Wasiat and takes effect after the testator’s death, strictly following Islamic inheritance (Faraid) rules.
Statutory Trust
Formed automatically by law to safeguard the rights of minors or dependents under a Wasiat or intestate estate.
Living Trust
Established during the settlor’s lifetime, taking effect immediately upon signing and property transfer.
Comprehensive Trust Solutions
As a registered agent under as-Salihin Trustee Berhad, we assist clients in establishing Islamic-compliant trusts (Hibah) tailored to various life and legacy goals.
Each trust is carefully structured with professional guidance to ensure compliance with Syariah principles and Malaysian legal frameworks.
Responsibilities of Trustees
Trustees are held to high ethical and legal standards under the Trustee Act 1949 and Trust Companies Act 1949.
Their duty is to manage and protect the trust assets with integrity, impartiality, and accountability. A trustee must safeguard the interests of beneficiaries with honesty and diligence, ensuring all actions comply with both Islamic and civil law.
“O you who believe! Betray not the trust of Allah and the Messenger, nor misappropriate knowingly things entrusted to you.”
— Surah Al-Anfal, Verse 27Secure Your Legacy Today
Our expert advisors are ready to guide you through Hibah and Wasiat planning to ensure your family's future is protected.