MAIS Introduces PPI Card To Combat Fraud In Asset Management

SHAH ALAM, April 30 (Bernama) -- The Selangor Islamic Religious Council (MAIS) has introduced the Perancang Pewarisan Islam (PPI) (Islamic inheritance Planner) card for all registered agents, as part of an initiative to prevent fraud in asset management.

Its chairman Datuk Salehuddin Saidin said the PPI card is a unique document which offers several features, including an appointment reference number, validity date, and the agent's photo and name, helping to protect the public from scams when using their services.

“The initiative is viewed as an early prevention measure to protect Muslims from falling victim to fraud, allowing the card to differentiate between legitimate agents and others.

“At the same time, MAIS wants the public to understand the role of PPI, which was created to help Muslims manage their inheritance in accordance with Islamic law, at an affordable cost,” he told reporters here today.

Salehuddin said MAIS charges as little as RM300 for the will or hibah (conditional gift) process, aiming to ease the burden on the B40 group in planning their wills and hibah matters.

He added that the initiative could also increase knowledge, awareness and confidence among Muslims about the importance of property matters, especially wills and hibah.

He said that so far, MAIS has appointed 63 accredited agents and plans to double this number in the future, to expand the reach of PPI services across Selangor.

Earlier, Salehuddin attended the Media and Strategic Partner Appreciation Ceremony to honour media practitioners who have collaborated in covering MAIS news throughout 2024.

-- BERNAMA