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Wealth and Asset Management
A majority of Middle East HNWIs do not have a wealth succession plan in place for their family businesses
Out of 300 established HNWIs in the Middle East, almost 90% think that their family business is set up for an efficient wealth transfer to the next generation. Yet only 24% have a full estate plan in place. Having a succession plan that complies with Sharia principles is important to…
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Source: Lombard Odier