Evaluation of the causes of unclaimed, late claimed, and delayed distribution of Muslim estate using documentary and pearson correlation analysis

Abstract

A great number of RM 60 billion estate have been classified as unclaimed estate with majority of them owned by more than 500, 000 beneficiaries of Muslims. These accumulations are coming from the undivided share of inherited property, Employees Provident Funds, Lembaga Tabung Haji, Permodalan Nasional Berhad, takaful or insurance companies, and banks. This underline, the importance of ascertaining the main and right causes of unclaimed, late claimed, and delayed distribution of estate based on documentary and statistical analysis. Hence, this paper presents the combination methods of data analysis through the documentary and Pearson Correlation analysis. Analysis and evaluation of all these causes may result into a suggestion for an effective triggering mechanism for the administration of estates of deceased Muslims.