Question
Are Muslims confined to CPF rules and regulations that states that the deceased's contribution money is not part of a will ? Is the CPF money zakatable ?

Answer
CPF rules and regulations had stated that the contribution money is savings in the CPF and not a will. These regulations mean to taking care of the savings from being taken by other law such as the law of bankruptcy or being prosecuted by creditors. CPF regulations had defined that the CPF money belongs rightfully to the contributor only and thus, other laws including the Islamic law cannot affect it. Following the Islamic law, the money that is kept in the CPF under the contributor's name means that the money has become the property of the contributor. With that, the money becomes a will after the contributor dies if the money is not due to him yet. So the contribution money has to be disburse following the Islamic law(faraid).

As a Muslim, it is obligatory to disburse his CPF savings according to faraid. If a Muslim wants hukum Islam to be followed, he can still follows, that is by not placing anybody's name as his nominee, leaving the column blank so that the CPF money left behind will be passed to the Public Trustee and they can ask for the certificate of entitlement from the Court of Syariah to be disbursed according to hukum Islam. Sayugia is advised that CPF savings if exceeds nisab and haul is reached, zakat is obliged upon it. Therefore, before the waris disburse the money left behind, he would has to pay the zakat due and perform haj for the deceased, if the deceased has not perform haj, pay all the debts, if the deceased is in debt. The balance from the money is then the property left by the deceased for distributing to his heirs.