Maybank Islamic in partnership with Createwills launches EzyWasiat to assist in will writing
Chief executive officer Datuk Mohamed Rafique Merican
Chief executive officer Datuk Mohamed Rafique Merican announced the new digital service allows customers to plan and prepare their wasiat in an efficient manner and within the Shariah and faraid (Islamic inheritance) principles.
“Our objective in offering this digitised wasiat writing service is to provide our customers with peace of mind when it comes to estate planning so they can be assured that their estate is handled properly for the benefit of their beneficiaries, upon their demise,” the EzyWasiat would be the first product to incorporate a faraid algorithm in Malaysia, and the process of writing a wasiat could be completed within just 30 minutes.
Sterling - Conventional Will
Sterling Will is 100% legal & developed by legal experts and estate planners familiar with estate planning law. Sterling Will fully conforms to the Wills Act 1959.
Some Key Features
- Choose the language you want to use on the site and the Will output
- Add up to 4 executors with built-in trustee clauses
- Leave complex gifts, such as a business, shares or property
- Add additional beneficiaries and choose to split equally or by percentage
Al Yusra - Islamic Will / Wasiyya
Al Yusra Will was written by respected Muslim scholars & certified Shariah-compliant by Masryef Management House and fully conforms to the Islamic Inheritance law.
Some Key Features
- Unique Faraid algorithm that follows the Holy Quran
- Additional Beneficiaries – Maximum of one-third of your estate
- Assets & Sedekah – Include gifts of property, money or anything else
- Make provision for unfulfilled obligations
CREATE YOUR WILL EASILY IN AS LITTLE AS 30 MINUTES
REASONS WHY PEOPLE DON’T HAVE A WILL
PROBLEMS WHEN YOU HAVE NO WILL
IT'S AFFORDABLE FOR EVERYONE
Choose to Make a Sterling Standard Will or Make an Al Yusra Islamic Will to get started. In just a few clicks, you’ll have a legal Will compliant with either your local law or Islamic law. Designed in collaboration with leading solicitors and Imam’s, our platform gives you the freedom to leave gifts and legacies to those most precious to you. Every change you make is saved instantly and remains on our secure servers.
Now you can leave a legacy for your loved ones from the comfort of your own home.
Previously, making Will that accurately took into account Islamic or state laws was either complicated or expensive. We’ve harnessed the latest in online technology and combined it with our passion for making things simple to bring you an online service that allows you to make free updates to your Sterling Will or Al Yusra Will! We even provide a few complimentary legal documents at no extra cost. So whether you get married, have more children, or move house, your Al Yusra or Sterling Will changes with you.
Join the digital Revolution Faraid Algorithm
Unique Faraid Algorithm
Fully Automated process
Add your beneficiaries – Our unique Faraid algorithm calculates the exact percentages as specified in the Quran
Unique Anti Fraud Feature
3 Simple Steps
Write your unique Will code on a piece of paper – Take your photo holding the code – Your photo and code are added to the final Will