Kausar Wealth Management proudly extends our heartfelt congratulations to Wasiyyah Shoppe Berhad for achieving the international Shariah compliance certification for the Hibah for Encumbered Properties service, awarded in line with the prestigious AAOIFI Shariah Standard.
A Historic Milestone in Islamic Estate Planning
Wasiyyah is now recognized as:
-
The first trust company in Malaysia to receive international Shariah compliance recognition.
-
The first institution in the world certified Shariah-compliant for Hibah for Encumbered Properties.
AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) is a global standard-setting body based in Bahrain, recognized in more than 50 countries. This recognition places Wasiyyah on par with leading global Islamic financial institutions.
Transforming the Industry & Benefits to Society
This achievement has a profound impact on the Islamic estate planning industry in Malaysia, including:
-
Driving industry-wide transformation towards professionalism and credibility.
-
Expanding holistic Shariah-compliant estate planning instruments.
-
Addressing complex asset challenges, including hibah for encumbered properties.
-
Helping reduce the growing issue of frozen assets nationwide.
Shared Commitment: Professional, Shariah-Compliant & Trusted
This certification reflects the ongoing commitment to:
-
Delivering holistic and trusted Islamic estate planning solutions.
-
Compliant with Shariah standards in Malaysia and internationally.
-
Safeguarding the continuity of Islamic wealth and legacy with integrity.
For over 20 years, Wasiyyah has remained consistent in innovating Islamic estate planning products. This certification proves its dedication to integrity and service quality.
Kausar’s Role as Wasiyyah’s Best Corporate Agency
As the best corporate agency of Wasiyyah, Kausar Wealth Management plays a key role in:
-
📖 Disseminating knowledge of Islamic estate planning through training, seminars, and professional consultation.
-
🔗 Bridging Wasiyyah’s innovations to Muslim families so they can understand and apply estate planning instruments legally and strategically.
-
🧭 Mentoring estate planning consultants under Kausar to deliver services that are professional, transparent, and Shariah-compliant.
-
🤝 Building trust between the community and Wasiyyah’s solutions by ensuring every amanah is fulfilled with integrity.
Conclusion
This milestone is not only Wasiyyah’s achievement but also an inspiration for us at Kausar to continue advancing our mission of elevating Islamic estate planning.
Congratulations once again to the entire Wasiyyah Shoppe Berhad team!