Originally, JTC Law prepared six asset protection and wealth preservation discretionary trusts for a Saudi Arabian family without any consideration to Shari’a principles. The six trusts each owned shares in a family holding company. Each of the six trusts was for the benefit of the immediate members of a different branch of the family.

The family holding companies held shares (in different proportions) in a group holding company, which in turn owned a family investment company that owned multiple investment companies (including joint venture vehicles with other families) with UK assets.

Later, JTC Law amended each of the family trusts to introduce new trusts so that when the primary beneficiary (the settlor) dies, the trustees with the consent of the protector, have the power to appoint the trust fund or part of it for the benefit of secondary beneficiaries in accordance with the Mawarith. Consequently, these trusts went from being non-Shari’a compliant to respecting how a Muslim should distribute his estate by identifying and benefiting secondary beneficiaries in accordance with the Mawarith.