[ms] Constraints and Solutions of Delayed Management of Muslim Immovable Property Management in Malaysia

Abstract

In Malaysia, the immovable inheritance assets which have not been claimed by Muslims have been increased yearly. The value of unclaimed inheritance assets was estimated worth RM60 billion in 2016 compared to RM40 billion in 2007. Late application to distribute the assets cause the process of distribution becomes complicated especially if it involves few generations of inheritors’ death. This will also give impact on the management of inheritance asset distribution. Besides that, the existence of uneconomic idle lands and unpaid tax arrears also affects the country’s economy. Thus, the objective of this article to observe the factors that cause the late application of immovable assets distribution and its solution. A qualitative study was used by analyzing the literature and partially structured interview.
The result implicates two main problems in unclaimed Muslim immovable assets management which are the restriction of law and community social problems. Therefore, a practical solution is needed to overcome the matters.