👉 Aloosn (also spelled "aloo") refers to a term in Islamic law that describes how one can receive an inheritance without any legal requirement or condition placed on it, such as through a trust agreement or by inheritance from another party, thereby avoiding paying inheritance taxes. Definition: Aloosn refers to the concept of inheritance, where a person is not required to pay taxes on the value of their estate in exchange for receiving property. In many Islamic countries, this practice has been popularized by wealthy individuals who prefer avoiding taxation and instead use this loophole to avoid paying property tax or other taxes. Note that the exact definition varies widely depending on cultural contexts and legal systems.
