The Middle East currently presents unrivalled opportunities in an increasingly volatile region, Paul Stibbard, executive vice chairman of Rothschild Trust, told an audience of senior trust professionals at PAM Insight’s annual eprivateclient Trust Dinner held in London on 27 November 2018.
He commented that in the next ten years, it was predicted that regional wealth of around $1 trillion was due to be passed to the next generation. Within Muslim families, this wealth transition raised key inheritance law issues. Subject to a freely disposable one-third portion, Islamic law set fixed fractions for hei...