FBNQuest, Metropolitan educates Nigerians on Islamic Estate Planning

 

FBNQuest Trustees, a subsidiary of FBN Holdings, has partnered with the Metropolitan Law firm to host the sixth Islamic Estate Planning Clinic to enlighten individuals on the importance of estate planning under Islamic law.

 

FBNQuest Trustees, a subsidiary of FBN Holdings has collaborated with the Metropolitan Law firm to host the sixth Islamic Estate Planning Clinic to enlighten individuals on the importance of estate planning under Islamic law.

 

The workshop which was held in Abuja, according to a statement by the company featured a panel discussion by experts on philanthropy and Islamic estate planning.

 

It focused on rapid technological advancement, the role of blockchain in technology, smart contracts, and the evolving landscape of estate planning and was themed ‘Securing and Preserving Your Legacy.’

“It emphasised the need to understand technology and identify best practices for leveraging online platforms to connect, facilitate personalized estate plans, enhance trust, security, and fairness in multi-generational wealth transfer, particularly in the context of Shariah-compliant practices. Managing digital assets, providing remote legal services, boosting online education, and raising awareness were highlighted as key factors in preserving wealth across borders.

“The comprehensive presentation delved into these digital frontiers and strategies for leveraging digital tools and platforms to navigate the complexities of inheritance laws while upholding Islamic principles,” part of the statement read.

Speaking on the theme of this year’s event, Managing Director/CEO, FBNQuest Trustees, Adekunle Awojobi, represented by Head of Marketing and Business Development, Babajide Fetuga, emphasised the significance of Islamic estate planning in ensuring the security of your legacy.

According to him, “The preservation of your legacy is crucial in understanding the actual value, as your legacy is not just material possessions but also reflects the impact we have made on the people around us and the values that we uphold. Therefore, we must safeguard it with a deeper sense of purpose and commitment.

“It is important to include wealth transfer in your Islamic estate planning to preserve your wealth and assets. Wealth transfer is a versatile and effective solution for securing the prosperity of your future heirs and leaving a lasting financial legacy for generations to come.”