INTRODUCTION
ADVANTAGES
TERMS & CONDITIONS
FEE
HOW TO APPLY
FAQ

Terms & Conditions

Donor

  • Muslim Malaysian Unit Holders age 18 years old and above.

  • Have a minimum investment balance of 1,000 units (excluding units under financing / collateral / EPF Members Investment Scheme).

  • 1,000 units must be maintained in the respective fund/s during the period of the Hibah Amanah.

Beneficiaries (Hibah Donees)

  • Individuals

  • Limited up to 10 Hibah Donees.

  • A legal guardian must be appointed if the Hibah Donee is below 18 years old.

General Terms & Conditions

  1. 100% of absolute and wholly-owned units must be assigned to all listed Hibah Donees.

  2. Units invested through financing / collateral are subjected to the agreement between the unit holder and the financial institution.

  3. Revocation of Hibah can only be done if it involves Hibah grant for biological child and grandchild or for other Donee(s) by mutual consent between Hibah Donor and Hibah Donee(s).

  4. ASNB has the right to withdraw the Hibah Amanah agreement if there is any form of violation on the terms & conditions by the Hibah Donor and if the Hibah Donor is no longer eligible to be a ASNB Unit Holder.
Eligibility requirements

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