Shariah RFP Modular Programme
Modules 1 to 6 (Shariah RFP Capstone sold separately)
Programme Overview
The Shariah RFP Modular Programme is the comprehensive professional qualification pathway of the Malaysian Financial Planning Council (MFPC), designed to develop world-class Shariah financial planning practitioners. Through structured modules, participants gain deep expertise in Islamic finance principles, risk management, investment planning and wealth distribution, all grounded in Shariah compliance. This package covers Modules 1 to 6 (18 days total); passing all six unlocks enrolment in Module 7, the Shariah RFP Capstone, sold separately.
Key Highlights
- Approved by Bank Negara Malaysia for the Financial Adviser's Licence
- Recognised by Securities Commission Malaysia for the Capital Markets Services Licence
- Six structured modules delivered entirely online, three days each
- Progression unlocks enrolment in the Shariah RFP Capstone
Objectives
- Apply Shariah principles comprehensively in financial planning contexts, demonstrating mastery of Fiqh al-Muamalat and Maqasid al-Shariah.
- Conduct holistic financial needs analysis integrating risk management, investment, zakat, tax, estate and retirement planning.
- Design and implement Shariah-compliant solutions across all financial planning domains using appropriate Islamic contracts and instruments.
- Calculate and advise on zakat obligations while optimising tax efficiency within Shariah parameters.
- Construct Shariah-compliant investment portfolios using screening methodologies and governance frameworks.
- Apply Faraid principles and Islamic estate planning tools (wasiyyah, hibah, waqf) for wealth distribution.
- Execute the six-step financial planning process of Establish, Gather, Analyse, Develop, Implement and Monitor with professional competence.
- Uphold professional ethics and standards as defined by the MFPC Code of Ethics and Best Practice Standards.
- Qualify for the Financial Adviser's Licence and Capital Markets Services Licence applications.
Course Structure
Learning Outcomes
- Understand Shariah foundations governing financial transactions
- Apply regulatory and ethical frameworks in financial planning practice
- Prepare personal financial statements and manage cash flow
- Explain Islamic concepts in wealth management comprehensively
Learning Outcomes
- Apply risk management principles from an Islamic perspective
- Differentiate between takaful and conventional insurance
- Analyse Shariah compliance issues in takaful operations
- Recommend appropriate family and general takaful solutions
- Understand ethics and professional conduct for takaful agents
Learning Outcomes
- Apply Islamic investment principles and time value of money concepts
- Construct diversified Shariah-compliant portfolios
- Analyse investment opportunities in Islamic capital markets
- Evaluate sukuk, unit trusts and real estate investments
- Conduct financial statement and technical analysis
- Monitor and manage investment portfolios effectively
Learning Outcomes
- Understand the Malaysian income taxation system comprehensively
- Compute chargeable income for individuals and businesses
- Calculate zakat obligations for individuals in Malaysia
- Develop tax-efficient strategies compliant with Shariah
- Integrate zakat and tax planning in financial plans
Learning Outcomes
- Understand the fundamentals of Shariah estate planning
- Apply Faraid principles to calculate inheritance distribution
- Utilise Islamic estate planning tools of hibah, waqf, wasiyyah and trust
- Design comprehensive Shariah-compliant estate plans
- Manage estate administration processes
- Address complex family wealth distribution scenarios
Learning Outcomes
- Conduct comprehensive retirement needs analysis
- Calculate required retirement capital using various approaches
- Apply risk profiling in a retirement planning context
- Design retirement investment strategies and portfolios
- Recommend appropriate retirement schemes such as EPF and PRS
- Address retirement planning for entrepreneurs and small businesses
Schedule
Classes
- 17 Aug (Mon)
- 18 Aug (Tue)
- 19 Aug (Wed)
- 21 Aug (Fri)
- 24 Aug (Mon)
- 26 Aug (Wed)
- 27 Aug (Thu)
- 7 Sep (Mon)
- 8 Sep (Tue)
- 9 Sep (Wed)
- 22 Sep (Tue)
- 23 Sep (Wed)
- 5 Oct (Mon)
- 6 Oct (Tue)
- 7 Oct (Wed)
- 19 Oct (Mon)
- 20 Oct (Tue)
- 21 Oct (Wed)
Combined package covering Modules 1-6, see individual module listings for detailed schedules
Other Programmes
IFP® Full-Fledged Module 1
Shariah and Major Components of Islamic Financial Planning
Have Questions About This Programme?
Our team can confirm eligibility, HRD Corp claimability, and help you choose between this and other certification pathways.