
Sharia Wiz Islamic Family Waqf
Islamic Estate Planning in Texas
The first scholar-approved Islamic joint living revocable trust for Muslim American couples, co-developed by Sharia Wiz and Azzad Asset Management (the largest U.S. Sharia-compliant investment firm). One trust document covers both spouses, takes effect the moment it is signed, manages both spouses' assets during life, avoids probate for funded assets, and at the second spouse's death routes the remainder to the Quranic heirs by Faraid.
A joint living revocable trust engineered for Muslim American couples: it manages both spouses' assets during life, skips probate for funded assets, and distributes by Faraid at the second death. The Azzad co-design means Sharia-compliant investment terms are written into the trust itself, which matters for families holding halal portfolios. At $799 (per shariawiz.com's compare page) it is the platform's priciest package, and the trust only works if you actually retitle assets into it. Best for married couples with larger estates, multi-state real estate, or business interests.
Pros
- Scholar-approved joint living revocable trust covering both spouses in one document, valid in 49 states plus DC (Louisiana excluded)
- Routes the remainder to Quranic heirs by Faraid at the second spouse's death, with a 1/3 wasiyyah option per spouse
- Avoids probate for funded assets and provides successor-trustee continuity for incapacity
- Co-developed with Azzad Asset Management and designed by Islamic family-law expert Abed Awad, Esq.
Cons
- $799 makes it the priciest single package on the platform - budget attorney review on top for complex estates
- Probate avoidance only applies to assets actually retitled into the trust - funding it takes work
- Built for married couples; individuals need the standalone Islamic trust instead
Create Your Plan
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Product Details
Services
islamic_family_trust
Price
$799 for the Joint Trust (Family Waqf) package, as published on shariawiz.com's compare page (July 2026).
Islamic Features
Joint trust for both spouses, Effective on signing (revocable), Avoids probate for funded assets, Faraid-compliant distribution at second death, Wasiyyah (1/3 charitable bequest) per spouse, Sharia-compliant investment-management terms, Successor-trustee continuity for incapacity, Co-developed with Azzad (largest U.S. Sharia-compliant investment firm)
Lawyer Review
false
Sharia Wiz in Texas
Sharia Wiz provides Islamic islamic_family_trust services for Texas residents with state-specific legal compliance. Texas is a community property state, which means assets acquired during marriage are generally owned equally by both spouses. This can conflict with Islamic inheritance (Faraid) distribution rules. A transmutation agreement or Islamic-specific estate plan may be necessary to align property ownership with Shariah requirements. Pricing starts at $799 for the Joint Trust (Family Waqf) package, as published on shariawiz.com's compare page (July 2026).. Texas is home to an estimated ~313K Muslims (1.1% of the population) (World Population Review, 2020 estimates). Sharia Wiz operates nationwide, so Texas residents have full access to this product.
Shariah Compliance & Oversight
Designed by Abed Awad, Esq. - adjunct professor at Rutgers Law and Pace Law; one of the most cited Islamic family-law expert witnesses in U.S. courts. Joint design with Azzad Asset Management ensures the investment-management terms inside the trust are Shariah-compliant under their existing AAOIFI-aligned governance.
Joint living revocable trust drafted to satisfy U.S. state trust law in all 50 states + DC while encoding (1) Faraid-compliant distribution at the second spouse's death, (2) charitable bequests up to 1/3 (wasiyyah) per spouse, and (3) clear instructions for handling Sharia-compliant investments held in the trust.
2026-08-13
State Availability
Sharia Wiz serves all 50 states + DC
✓ Available nationwide including Texas
Create Your Plan - Sharia Wiz
Visit Sharia Wiz's website to get current terms, check eligibility for Texas, and get started today.
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Compare With Other Options in Texas
13 other wills & estate planning products available to Texas residents
Frequently Asked Questions
What is Sharia Wiz Islamic Family Waqf?
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Is Sharia Wiz Islamic Family Waqf available in Texas?
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Does Texas have state income tax on halal investments?
Is Texas a community property state for Islamic estate planning?
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Co-Founder, HalalWallet
How to use this comparison: HalalWallet is an independent educational comparison platform - by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
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- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.