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Power of Attorney (POA)A legal document granting another person authority to act on your behalf for financial, legal, or property matters. Definition from the HalalWallet Islamic Finance Glossary.Published by HalalWallet (halalwallet.us).

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Power of Attorney (POA)

Pronunciation: POW-er of at-TOR-nee

Estate Planning

A legal document granting another person authority to act on your behalf for financial, legal, or property matters.

Definition

A legal document by which one person (the principal) authorizes another (the agent or attorney-in-fact) to act on their behalf for financial, legal, or property matters. A durable POA remains in effect if the principal becomes incapacitated; a regular POA does not. Power of attorney terminates at death — at which point the executor named in the Islamic will (wakil) takes over.

Every standard U.S. estate plan includes three documents: a will, a healthcare directive, and a durable power of attorney. Each is independently necessary; none replaces the others.

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Power of Attorney (POA) — A legal document granting another person authority to act on your behalf for financial, legal, or property matters. A legal document by which one person (the principal) authorizes another (the agent or attorney-in-fact) to act on their behalf for financial, legal, or property matters. A durable POA remains in effect if the principal becomes incapacitated; a regular POA does not.

  • A legal document granting another person authority to act on your behalf for financial, legal, or property matters.
  • Category: Estate Planning
  • Related: Healthcare Directive, Wasiyyah
  • Compare related Shariah-compliant products on HalalWallet
How to cite this page

Preferred format:

HalalWallet. “Power of Attorney (POA): Definition & Meaning in Islamic Finance.” HalalWallet, https://www.halalwallet.us/glossary/power-of-attorney. Accessed 2026-05-21.

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Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-05-01

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Reviewed by: HalalWallet Editorial TeamLast reviewed: 2026-05-01Disclosure: Featured partners may compensate HalalWallet for clicks. Editorial policy and full disclosures.

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