TY  - JOUR
T1  - Constructions of Failure Ad Delay under Islamic Estate Management
AU - Kamal Mujani, Wan AU - Mohd Hirwani Wan Hussain, Wan AU - Inayah Yaakub, Noor AU - Abdul Rashid, Rusnadewi 
JO  - International Business Management
VL  - 5
IS  - 6
SP  - 326
EP  - 330
PY  - 2011
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2011.326.330
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2011.326.330
KW  - Faraid
KW  -inheritance
KW  -gift inter vivos
KW  -distribution of property
KW  -community
KW  -Malaysia
AB  - Delay and failure to complete applications for the distribution of inheritance estate is not an isolated phenomenon in the society. Factors contributing to this problem are due to the attitude of legal heirs and the weaknesses of the estate administration process in the country. The risk of failure of settlement of the estate may invite a variety of negative implications from the legal, economics, religious and social aspects. This study examines some of the negative consequences resulting from the failure and delay in distribution of inheritance estate and suggests that it is necessary to organize the community to plan ahead in property management. However, the findings show that people in this country lack the inclination to plan carefully the distribution of wealth, especially in planning ahead. As a result, they become fully dependent on the Inheritance System of division of property after death that is Faraid. Thus, the public perception that the property can be distributed through the Faraid System must be promptly corrected. Instead, planning the distribution of property during one’s lifetime such as through gift inter vivos or gift mortis causa must be enhanced in order to avoid this problem because it is clearly detrimental to the Muslim community.
ER  -