Publication: The Process of Claiming Asset in Bahagian Pembahagian Pusaka (BPP)
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Date
2024
Journal Title
Journal ISSN
Volume Title
Publisher
Faculty of Leadership and Management
Abstract
As of year 2020, Malaysia’s frozen assets were MYR70 billion. Numerous challenges and issues are raised by this phenomenon, and it becomes incredibly challenging to solve. There are many agencies and bodies that handle the claims, queries and applications related to estate administration in Malaysia, for instance, the Department of Director General of Lands and Mines (JKPTG) through the Bahagian Pembahagian Pusaka (BPP), Amanah Raya Berhad (ARB), and The High Court (HC). However, more than 70 % of these claim applications were received and conducted by the Bahagian Pembahagian Pusaka (BPP). Thus, this study aims to investigate the process of claiming asset specifically in (BPP). This research is a qualitative research, through reviewing and identifying on existing related literatures in inheritance asset in Malaysia, and also websites from JKPTG to understand the processes. This study acknowledges several reasons that cause heirs unable to proceed with their claim of the assets which cause the increasing number of unclaimed assets. The distribution process will move swiftly once people understand how the BPP claims process operates.
Description
E-Proceeding Postgraduate Research Conference (PRC2023) : “Sustainable Education & Human Well-Being”/ editors: Roslee Ahmad , Khadijah Muda,
Md Yousuf Ali, Ihab Ahmed Ra’uf Awais, Abdul Rashid Abdul Aziz, Ainul Mardhiah Mokhtar, Nurun Najihah Musa, Puteri Nazirah Amran, Fatin Muti’ah Mohamed Ishak
Organized by: Faculty of Leadership and Management
Keywords
Frozen Asset; Islamic estate planning; Islamic inheritance; qualitative.
Citation
Muhammad Naqiyuddin Ismail, Norhazlina Ibrahim, & Safeza Mohd Sapian. (2024). The Process of Claiming Asset in Bahagian Pembahagian Pusaka (BPP). E-Proceeding Postgraduate Research Conference (PRC2023) , 16–18. https://fkp.usim.edu.my/wp-content/uploads/2024/02/LATEST-PROCEEDING-PRC-2023_compressed.pdf