Yes. Trust companies act as corporate executors, charging fees but providing continuity and professional administration.
The Canadian position
Useful where no family member is suitable or where appointing one relative over another would cause conflict.
Fees are typically a percentage of the estate.
The Islamic position
Where the estate involves religious obligations, a corporate trustee needs explicit written instructions.
Consider a co-executor who understands those obligations.
The four Sunni schools are not recorded as differing materially on this point in the sources reviewed. Where your own case turns on it, put it to a scholar of your school.
General information, not legal or religious advice. Inheritance depends entirely on the exact family circumstances. Confirm the Canadian position with a lawyer in your province and any religious ruling with a qualified scholar.
Citations & sources
Every factual claim on this page traces to one of the references below. Legislation and dollar thresholds change — verify against the primary source before relying on any figure.
- Research Papers — Cambridge Muslim College
- Research — Cambridge Muslim College
- Academics — Islamic law and theology curriculum — Zaytuna College
- Encyclopaedia of Islam — Brill
- Administering estates — Government of Ontario
- Canadian Legal Information Institute — CanLII
- Informal accounting vs formal passing of accounts ontario — Treadstone Law
- Personal care attorney compensation ontario — Treadstone Law
- Executor estate with minor and adult beneficiaries — Treadstone Law
- Co executor dies during unresolved deadlock ontario — Treadstone Law
- Who pays for passing of accounts ontario — Treadstone Law
- Estate property sale executor year rule ontario — Treadstone Law
- Wills & estates practice — Treadstone Law