Succession Planning Important for Muslim HNWIs: Global Attitudes to Islamic Wealth Management Study

In early November 2021, Jersey Finance launched a study entitled ‘Global Attitudes to Islamic Wealth Management’ compiling attitudes of Muslim High Net Worth Individuals (HNWIs), family offices and wealth managers towards the Islamic finance wealth management market. The report, which surveyed over 2,000 respondents across key markets in the United Kingdom (UK; London), Asia (Kuala Lumpur), the Gulf Cooperation Council (GCC), and Africa (South Africa), highlighted attitudes to private wealth, fiduciary planning and succession by Muslim families.

Why it Matters?

According to Faizal Bhana, Director for the Middle East, Africa and India, Jersey Finance, the report provides insights into the evolving needs of Muslim HNWIs globally and highlig...