The Settlor
The party that starts the legal process of transferring the ownership of assets to another party entrusted with them for the benefit of the beneficiaries.
The Beneficiary
The owner of usufructs of the Rusd assets.
The Trustee (Rusdee)
The trustee is strictly subject to the terms of the Rusd deed. His ultimate objective is to safeguard the interests of the beneficiaries. Also, among the duties of the Rusdee is to invest the Rusd funds diligently in accordance with Shari’a. In addition, the Rusdee must have an accurate accounting system and must abide by confidentiality. Those who seek financial planning tools from an Islamic perspective may view the Rusd as a trust unlike any other investment or financial planning tool used to protect and distribute wealth