Shariah RFP Module 1

Programme Overview

Shariah RFP Module 1 covers the Shariah worldview in personal finance, the Islamic financial planning process, the Malaysian regulatory landscape, and the MFPC certification pathway. This is the entry point for professionals beginning the Shariah RFP certification journey, and carries the one-time entrance and membership fees payable on first registration with MFPC.

Key Highlights

• Shariah worldview in personal finance
• Islamic financial planning process
• Malaysian regulatory landscape
• MFPC certification pathway

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.

What You Will Be Able To Do

• Understand the 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.

Schedule

Classes

• 15 Sep (Tue)
• 16 Sep (Wed)
• 17 Sep (Thu)