Tag: wasiyyah
-
Takaful as a Tool to Relieve the Debts of the Deceased
Takaful: A Practical Solution for Settling Debts After Death When someone passes away, any outstanding debts they leave behind must be paid using their assets, even if it means using up everything. This ensures their obligations are fulfilled before the remaining wealth, if any, is distributed to their heirs. However, if the deceased leaves no…
Written by
·
-
Does the deceased’s debt get passed on to their heirs?
If someone passes away and leaves behind assets, their debts must be settled using those assets, even if it means using everything. In this case, the family has no claim over the assets until the debts are fully paid. However, if the deceased didn’t leave any assets, the family isn’t obligated to settle the debts.…
Written by
·
Aliyawanders 