“Hibah” refers to an act of gifting assets voluntarily from one person to another during their lifetime out of affection and without any reciprocity.
HiBAHKU is an alternative instrument for a Donor to transfer ownership of asset(s) that are encumbrance-free or asset(s) still encumbered by a loan to the Hibah recipient. The Donor during his/her lifetime can also gift asset(s) that are still encumbered by a loan subject to terms and conditions of the Hibah.
AmanahRaya is appointed as the Representative who manages the Hibah documents before and after the Donor’s demise.
Endorsement of Hibah Documents in Syariah Court
AmanahRaya manages the transfer of ownership of Hibah asset(s) to the Hibah Recipient through estate administration processes after the demise of the Donor.
Any Muslim individual aged 18 and above, and possesses asset(s) to Hibah.
An alternative instrument for:
Responsible for ensuring that the compliance, integrity, and governance of the organisation is operating effectively, in line with the regulatory requirements of a listed entity. Incumbent also adherence to all applicable listing requirements, external laws, regulations, and guidelines set out by Securities Commission and Bursa Malaysia. Responsible for ensuring proper policy, procedures, and guidelines in relation to compliance, integrity, and governance are in place particularly related to REIT and actions are taken in providing awareness to all employees in addressing /mitigating compliance and fraud risk. Responsible in effective monitoring and coordination with Amanah Raya Group Compliance, Integrity, and Governance Department relating to compliance related matters monitor effective implementation of the compliance framework.
Responsible for ensuring that the compliance, integrity, and
governance of the organisation is operating effectively, in line
with the regulatory requirements of a listed entity. Incumbent
also adherence to all applicable listing requirements, external
laws, regulations, and guidelines set out by Securities
Commission and Bursa Malaysia.
Responsible for ensuring proper policy, procedures, and
guidelines in relation to compliance, integrity, and
governance are in place particularly related to REIT and
actions are taken in providing awareness to all employees in
addressing /mitigating compliance and fraud risk.
Responsible in effective monitoring and coordination with
Amanah Raya Group Compliance, Integrity, and Governance
Department relating to compliance related matters monitor
effective implementation of the compliance framework.
To ensure that the Company is provided with proper and adequate reporting on legal matters including appropriate escalation of high-risk situations, identification of weakness and recommendation for improvement.
To liaise with the REIT Trustee on all legal, corporate, contractual and compliance matters affecting the REIT including matters pertaining to regulatory reporting, engagement of advisors/service providers and the functions of the REIT Manager.
