In Malaysia’s evolving financial landscape, private trusts have become crucial tools for safeguarding and managing wealth across generations. As estate planning becomes increasingly complex, trusts offer essential legal protection, ensuring efficient asset distribution while minimizing taxes. Notably, the demand for Shariah- compliant private trusts has surged, offering a secure and ethical solution for settlors seeking both wealth preservation and growth.
Private trusts not only streamline the transfer of wealth but also provide an effective means to diversify portfolios, tapping into sectors like alternative financing, technology, and renewable energy. Shariah-compliant trusts align with Islamic principles, creating ease of distribution after one’s passing.
As Malaysia strengthens its foothold in Islamic finance, specialized private trusts are becoming indispensable for clients who seek transparency, ethical returns, and long- term security for their assets. This rising demand underscores the importance of tailored trust services to meet the unique needs of today’s settlors.
Citadel Trustee Berhad (CTB), combines Shariah-compliant principles with hybrid trust models to offer a well-structured, balanced solution for wealth preservation and growth.
Amongst its’ key features includes
– Complimentary Will Writing: For settlors placing over RM100,000, complimentary will-writing services (up to 10 clauses) are offered.
– Quick Asset Distribution: Upon the settlor’s death, beneficiaries receive the capital within one month (T&Cs apply).
– Shariah-Compliant: Aligned with AAOIFI Shariah Standards, ensuring ethical
practices and strong returns.
CTB continues to lead in Malaysia’s private trust services, offering tailored, Shariah- compliant solutions that secure financial legacies for future generations.