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Determinants of the failure and delay of the division of inheritance among the community


Citation

Syahidatul Akmal Saidin and Syahira Inanie Marzuki and Syakirah Adawiyah Ahmad Zamane and Syarifah Nur Syahirah Syed Rasid (2023) Determinants of the failure and delay of the division of inheritance among the community. Final Year Project thesis, Universiti Malaysia Kelantan. (Submitted)

Abstract

The majority of Malaysian Muslims are encountering significant delays in claiming their Islamic inheritance rights, which has become a major source of anxiety. As a result, unclaimed inheritance and frozen assets accrue and cannot be distributed to deserving heirs. Over time, claim processes have gotten more expensive and time-consuming. The volume of unclaimed property has steadily increased throughout the years. One of the greatest difficulties affecting Malaysia's Muslim population is the rising number of frozen assets. There are numerous factors that have been identified as contributing to the delay. Despite the fact that many initiatives have been taken to address this issue, the process remains lengthy. As a result, it is necessary to identify the determinant causing failure and delay in the division of inheritance property left by deceased disputes. Therefore, the purpose of this study is to study the determinant of the failure and delay of the division of inheritance among the community. Few factors are identified: knowledge of inheritance, the responsible attitude among legal heirs, diversity in culture and religion and legislation constraint in the administration of property. 388 respondents were given questionnaires. The sample method used was convenience sampling. The information was examined using reliability, descriptive, and regression tests. The findings reveal that diversity in culture and religion, as well as legislation constraint in the administration of property, are major drivers that lead to the failure and delay of the division of inheritance. Furthermore, legislation constraint in the administration of property is revealed to be the strongest predictor of failure and delay in inheritance division.

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[thumbnail of FINAL REPORT FYP (GROUP 41).pdf] Text
FINAL REPORT FYP (GROUP 41).pdf

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Additional Metadata

Item Type: Undergraduate Final Project Report
Collection Type: Final Year Project
Date: 15 February 2023
Number of Pages: 98
Call Number: SAB 2023/041
Supervisor: Dr. Mohd Rushdan Bin Yasoa'
Programme: Bachelor of Business Adminstartion (Islamic Banking and Finance)
Institution: Universiti Malaysia Kelantan
Faculty/Centre/Office: Faculty of Entrepreneurship and Business
URI: http://discol.umk.edu.my/id/eprint/11813
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