Shariah RFP Module 4

Programme Overview

Shariah RFP Module 4 covers the Malaysian income taxation system, computing chargeable income for individuals and businesses, calculating zakat obligations, and developing tax-efficient strategies compliant with Shariah, integrating zakat and tax planning within a client's overall financial plan.

Key Highlights

• Malaysian income taxation system
• Chargeable income computation for individuals and businesses
• Zakat obligation calculation
• Tax-efficient strategies compliant with Shariah
• Integrated zakat and tax planning

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 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 within financial plans.

Schedule

Classes

• 27 Oct (Tue)
• 28 Oct (Wed)
• 29 Oct (Thu)