From Nikah to Waqf: Your Complete FAQ Guide

You need a Will so that:

• You—not a court—decide who gets your assets, and ensure they are divided according to Islam.
• You—not a court—decide who cares for your children.
• You—not a court—decide who manages the financial affairs of your minor children.
• You—not a court—decide who manages the affairs of your estate.
• You—not a court—decide your burial rites

If you do not want state law to decide who gets your estate, use the Shariawiz software to prepare your own custom-tailored state-specific, legally binding, Shari'a-compliant estate plan.

Yes, Shariawiz will not store or share your financial information with any non-affiliates. Please view our Privacy Policy for more information.

You cannot include provisions for child support or child custody, such as which parent will have primary custody if a divorce were to occur, in a Prenuptial Agreement.

A standard estate plan includes a Will, a healthcare directive/living will, and a durable power of attorney.
With a standard estate plan (a Will, a healthcare directive/living will, and a durable power of attorney) your financial and non-financial end of life affairs will be in order and according to your wishes. Plus, you protect your family.

An Islamic will covers everything that a secular will covers, including:

• Appointing an executor to distribute your estate and manage your affairs after death;
• Appointing a guardian to care for your children and manage their inheritance until adulthood;
• Leaving money and/or property from your estate to other relatives or to charitable organizations; and
• Specifying any debts to be paid at your death.

However, unlike a secular will, an Islamic will also includes Shari'a-complaint solutions to managing your estate after death, including:

• Telling the world you have selected your burial rites according to Islam;
• Outlining your wishes regarding autopsy that are permissible under the Shari'a;
• Specifying moral and religious obligations to be paid at your death;
• Providing permissible, recommended, and obligatory bequests up to one-third of the estate in the aggregate; and, most importantly
• Dividing your assets according to Shari'a inheritance rules.

If you want your estate to be divided according to Shari'a inheritance rules, use our LAST WILL & TESTAMENT software to prepare your own custom-tailored, state-specific, legally binding, Shari'a-compliant estate plan.

Your Financial Management Roadmap is a comprehensive overview of your finances. Creating this Roadmap can help you set goals for retirement, budget your spending, and estimate you and your spouse’s long-term financial trajectory.

Your Islamic Will, like a secular will, covers all the assets that make up your estate. When you die, the interests you have in all your property - real and moveable - become part of your estate, and will be distributed to your Islamic heirs in your Islamic Will.
However, your Will does not cover assets that are transferred to third parties by right of survivorship or because of pre-selected beneficiaries, such as:

• Real estate owned with a right of survivorship;
• Bank accounts with a right of survivorship;
• Retirement accounts with a pre-selected survivor beneficiary; or
• Life insurance with a pre-selected survivor beneficiary.

When you pass away, all assets owned individually and assets with the estate selected to be the beneficiary would be distributed according to your Islamic Will. All retirement accounts, insurance proceeds, and assets owned with a right of survivorship will be distributed to the pre-selected beneficiary outside of your estate.

The Shariawiz Islamic Prenuptial Agreement package includes the Prenuptial Agreement and a coinciding Muslim Marriage Contract to be signed at the Islamic marriage ceremony as well as an Islamic Will for each of you.

You will first begin by answering the questions in the Shariawiz Islamic Prenuptial Agreement software. Once you're finished answering your portion, you will be able to invite your potential spouse to answer his/her portion of questions as well. You will both disclose your assets to be reviewed by the other (don't worry, you don't have to upload any documents).

Once the two of you have both answered the questions, our software will inform you whether there are answers that you disagreed on. If so, you will be able to negotiate via online messaging and email communications until you both agree to all the terms of the Prenuptial Agreement as well as the financial disclosures that have been provided.

Then, you can download your completed Prenuptial Agreement and Muslim Marriage Contract! You will sign the Prenuptial Agreement before the wedding, and the Muslim Marriage Contract will be signed during your Islamic marriage ceremony.

No, Shariawiz is not a financial advisor and does not provide legal or financial advice.