Ranked #12 of 12 · Islamic estate planning

as-Salihin Trustee Berhad

Muslim individuals and families who want a Shariah-compliant wasiat, hibah, faraid distribution, or estate administration handled by a specialist trustee with a long track record.

Trustee Footprint Index

58/100
Regulatory breadth (25%)
60
Track record (20%)
55
Service breadth (20%)
100
Disclosed scale (15%)
35
Disclosure transparency (20%)
35

A reproducible score of public-record footprint and disclosure, not fees, quality or suitability. See the methodology. Disclosed scale is often self-reported.

CategoryIslamic estate planning
OwnershipPrivately held (independent). Parent shareholding not publicly disclosed.
Established2004
HeadquartersPetaling Jaya, Selangor
LicensingTrust company registered under the Trust Companies Act 1949; incorporated under the Companies Act 2016 (registration 200401031859 / 670367-D)
ScaleOver 20 years operating; company cites a network of more than 5,000 Islamic Estate Planners (agents/consultants). Assets under trusteeship and estate volumes not disclosed.
Best forMuslim individuals and families who want a Shariah-compliant wasiat, hibah, faraid distribution, or estate administration handled by a specialist trustee with a long track record.

as-Salihin Trustee Berhad was incorporated on 23 October 2004 as a trust company under the Trust Companies Act 1949, positioning itself as one of the earliest firms in Malaysia built specifically for Shariah-compliant estate planning. Its head office is in Kelana Jaya, Petaling Jaya, Selangor. The company was founded by the late Tun Mohamed Salleh Abas, the former Lord President (Chief Justice) of Malaysia who was removed from office in the 1988 judicial crisis and who died in 2021 at age 91. He set up the firm after observing that many Muslim estates in Malaysia went unadministered for lack of proper planning. That founder pedigree is a central part of the firm's identity and credibility with Muslim clients.

The business is narrowly focused on Islamic estate planning and administration. Services span wasiat (Islamic will) writing, executorship and administration of both testate and intestate estates, Islamic trusts, hibah declarations (branded Pri-Hibah), takaful and insurance trust arrangements (Pri-TI), wakaf documentation, jointly-acquired-asset (harta sepencarian) agreements, and specialist products such as PRI-EMAS for seniors and Pri-Niaga for business owners. It also publishes a free Faraid calculator so users can estimate Shariah inheritance shares. Distribution runs through an agency force the company describes as more than 5,000 Islamic Estate Planners, and its estate-planning proposition is also offered through Bank Muamalat Malaysia as a co-branded service.

Leadership publicly identified includes President and Chief Executive Tuan Haji Abdul Aziz Peru Mohamed, with a separately constituted Board of Syariah Advisors overseeing Shariah compliance. Beyond that, the firm is opaque on the metrics that matter for ranking financial strength: it does not disclose ownership/shareholding structure, assets under trusteeship, revenue, the number of wasiat written, or the number of estates administered, and it does not publish a fee schedule. Those figures should be treated as not disclosed rather than estimated. What is verifiable is a two-decade operating history, a clear single-focus mandate on Muslim estate planning, and documented Shariah governance, which together make it a recognised name in this niche.

Services

  • Wasiat (Islamic will) writing
  • Executorship and estate administration
  • Administration of intestate estates (no will)
  • Islamic trusts
  • Pri-Hibah (hibah / lifetime gift declarations)
  • Pri-TI (takaful and insurance trust arrangements)
  • Wakaf (Islamic endowment) documentation
  • Jointly-acquired asset (harta sepencarian) agreements, PRI-EMAS senior trust, Pri-Niaga business planning, and a Faraid calculator tool

Strengths

  • Founded 2004, one of the earliest and best-known dedicated Islamic estate-planning trustees in Malaysia
  • Full Shariah scope: wasiat, hibah, faraid, wakaf, takaful trusts, and estate administration under one roof
  • Governed by a board of Syariah advisors, giving faith-based clients documented Shariah oversight
  • Large distribution network (5,000+ Islamic Estate Planners) plus a bank channel via Bank Muamalat
  • Strong founder pedigree: established by former Lord President Tun Mohamed Salleh Abas

Watch-outs

  • Scope is Muslim estate planning only; not suitable for non-Muslim or conventional trust needs
  • Financial scale (assets under trusteeship, revenue, number of estates administered) is not publicly disclosed
  • Fees are not published on the website; clients must request quotes
  • Agent-driven distribution model means service quality can vary by the individual Islamic Estate Planner

Official website: https://as-salihin.com

Sources

Not affiliated, not advice. Compiled from public sources for information. Trust companies change their fees, services and ownership. Confirm current terms and licensing directly with as-Salihin Trustee Berhad before appointing any trustee, and take independent legal advice.

← All trust companies