Pri-TI (Takaful / Insurance Trust)

PRI-TI is a trust created from Takaful/Insurance proceeds where the owner appoints as-Salihin Trustee Berhad as an assignee through an Absolute Assignment and to act as trustee (“Trustee”) to receive Takaful/Insurance proceeds (“Trust Fund”). The Settlor shall set up a Trust Deed to determine the terms and conditions for the administration of the Trust Fund.

The purpose of an Absolute Assignment is to ensure the Trustee receives the Trust Fund upon the death, total permanent disability or any other disabilities covered by the policy and distributes the Trust Fund according to the terms and conditions stated in the Trust Deed for the benefit of the policy owner and/or any specific beneficiaries.

The Objectives of PRI-TI


The right of policy owner and his beneficiary(s) are safe guarded.


The Policy owner may determine the usage and distribution of the Trust Fund according to his wishes.


The Trust Fund is to be managed professionally by a competent trust corporation.

Benefits of Pri-TI

  • Ensures that the Trust Fund is used for the benefit of the Policy owner upon total permanent disability or any other disabilities.
  • The Trust Fund is to be received and managed by a trust corporation, therefore avoiding any misconduct and breach of trust.
  • The Trust Fund can be used according to the terms and conditions set by the policy owner.
  • The Trust Fund can be used to fund living expenses, medical, and educational needs of the policy owner’s family members, especially the husband/wife or underage/disabled children.
  • The Trust Fund can be used for payment of debts as well as estate administration costs and expenses.
  • Able to control the spending habits of beneficiaries by specifying the purpose, amount and manner of distribution.
  • Able to nominate preferred beneficiary(s) including substitute beneficiary(s) so as to safe-guard their rights.
  • The policy proceeds will not be subjected to Faraid and estate administration. It takes effect immediately according to the terms of the Trust Deed.
  • Subject to the Insolvency Act 1967, trust funds are protected against any creditor’s claim.
  • No need to obtain a court order to claim the takaful/insurance proceeds.

Why Let Others Determine Distribution of Your Assets When You Are Gone?

You have the right to choose who is going to administer your estate and determine on how to distribute it upon your demise.
Scroll to Top