The Star reports RM40b assets stuck and unclaimed

In July 2010, The Star reported a whopping RM40 billion worth of assets and property left behind by deceased Muslim persons have been unclaimed!

These assets include EPF contributions, bank savings, vehicles, real estate and insurance benefits. According to Deputy Head in the Syariah advisory division of the Attorney General's Chambers, Mahamad Naser Disa, he attributed this matter to the loose and inconsistent Syariah laws relating to inheritance of wakaf (religious or public endowment), ar-rahnu (mortgage) property and hibah (awards), coupled with the constraints of existing law - all of these have complicated the process of managing inherited properties.

It doesn't have to happen if you have a Wasiat and Trust. Contact us at or 03-6211 4199 for more information.

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

B-G-09 Galeria Hartamas,

No.21, Jalan 26/70A,

Desa Sri Hartamas, 50480, 

Kuala Lumpur

Tel. No. : +603-6211 4199

Tel No (Penang Branch) : 04-893 0175

Fax. No.: +603-6211 4299


Sign up for Newsletter

Personal Data Protection Act Policy (PDPA): UBB Amanah respects the privacy of all individuals with whom we have a contractual relationship. We are committed to protecting all Personal Data in compliance with the Personal Data Protection Act 2010 of Malaysia.

The information contained in this website is for information purposes. We endeavour to keep the information up to date and correct, however, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Please contact us for clarification.