Shariah RFP Module 5
Shariah Estate Planning
Programme Overview
Shariah RFP Module 5 covers the fundamentals of Shariah estate planning, applying faraid principles to calculate inheritance distribution, using Islamic estate planning tools including hibah, waqf, wasiyyah and trust, designing comprehensive Shariah-compliant estate plans, and managing estate administration processes.
Key Highlights
- Fundamentals of Shariah estate planning
- Faraid principles and inheritance distribution
- Islamic estate planning tools: hibah, waqf, wasiyyah and trust
- Comprehensive Shariah-compliant estate plans
- Estate administration management
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 fundamentals of Shariah estate planning.
- Apply faraid principles to calculate inheritance distribution.
- Use Islamic estate planning tools: hibah, waqf, wasiyyah and trust.
- Design comprehensive Shariah-compliant estate plans.
- Manage estate administration processes.
- Address complex family wealth distribution scenarios.
Schedule
Classes
- 10 Nov (Tue)
- 11 Nov (Wed)
- 12 Nov (Thu)
Other Programmes
IFP® Full-Fledged Module 1
Shariah and Major Components of Islamic Financial Planning
Have Questions About This Programme?
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