ISLAMIC

Amanah plays an important role in an estate plan to protect, preserve and distribute the assets settled to the trustee. Amanah are usually stated in a deed that takes effect during the lifetime of the maker of the Trust (called the settlor) and it contains his instructions to the trustee to administer the Trust assets for the beneficiaries. This is would be an inter vivos trust or declaration of trust. One of the advantages of this type of Amanah is the avoidance of probate, allowing the trust assets to be distributed to the beneficiaries without delay.

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​An Amanah can be revocable or irrevocable while the beneficial interests of the beneficiaries can be fixed or discretionary.

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Amanah can be customized to full the objectives of the settlor.

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Members of ATCM providing Amanah services are experts in this field and are available to be consulted for its services. The Amanah services offered by members may differ from each other.