Shariawiz, an Islamic estate planning platform, announced that it can help Muslim Americans in Los Angeles and throughout California plan for their revocable living Islamic Trust in compliance with their religious Muslim faith.
Islamic estate planning platform Shariawiz has launched an online Islamic Trust service for Muslim Americans. The new platform guides users through the steps of creating estate plans according to their Muslim faith and includes Sharia-compliant legal forms and a proprietary inheritance calculator.
More details can be found at https://www.shariawiz.com
The newly announced website is the first-ever Sharia-compliant portal that allows Muslim Americans to create a revocable living Islamic Trust, which transfers title ownership of one’s assets without a probate court. Aside from this feature, Shariwiz also includes an inheritance calculator, Islamic Will, health care directive, and power of attorney.
According to Shariawiz Founder Abed Awad, most Muslims fail to make their estate plan due to expensive attorney fees, misunderstanding religious requirements, and procrastination. These factors have contributed to fewer Muslim families having the protection of a legal estate plan resulting in delays, family disputes and confusion in the event of a death in the family.
Awad launched Shariawiz to address this need in the market, creating the only comprehensive Islamic estate planning platform that combines religious and legal compliance. The platform was developed over three years and offers complete transparency to its Muslim American clients.
Clients can use the website to make a customized, Sharia-compliant, and state-specific estate plan in as little as 15 minutes on their home computer or smartphone. In particular, the Islamic Will includes burial rites according to Islam, autopsy guidelines permissible under Islamic law, and the proper division of assets according to Islamic inheritance rules.
Revocable living Islamic Trust are typically managed by a trustee (typically the creator of the trust) but allow the grantors to protect their privacy, and manage and make changes to the trust during their lifetime and document their wishes upon death. Shariawiz users can now customize their revocable living Islamic Trust documents, pay online, and download the completed document.
Clients may also use the only scholar-certified Islamic inheritance calculator in the market today to determine how much their dependents can receive in the event of their passing. The website’s calculator was named the Best Innovative Halal Solution by the Halal Expo and Summit 2020.
The new website allows Muslims to fulfill their fard (religious obligation) as directed in the Quran and Sunna. Learn more about Shariawiz at https://www.shariawiz.com/about-us
Awad ends with, “The purpose of Shariawiz is to make Sharia-compliant estate planning easy, affordable, and accessible to all Muslim Americans.”
Interested parties can find more information by visiting https://www.shariawiz.com