Case Study Details

A Saudi father died without leaving a will, leaving behind a wife, three sons, and two daughters. The father owned various assets, such as a house, a car, a bank account, and some shares in a company. The father also had some debts and obligations, such as zakat, taxes, and utility bills. The family wanted to manage and liquidate the inheritance according to Islamic law and Saudi regulations.

A foreign bank from the UK wants to expand its operations in Saudi Arabia, as part of its global strategy to tap into the emerging markets. The bank has obtained a license from the Saudi Central Bank (SAMA) to open a branch in Riyadh, the capital city of Saudi Arabia.