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About Islamic Financial Planner (IFP) Print E-mail
ISLAMIC FINANCIAL PLANNER is designed especially for professionals and executives serving the retail segment of the Islamic financial market. The continued innovation of Islamic financial products and growing demands of discerning Muslim retail clientele call for higher standards of competency and ethical practice of financial planning professionals. Coupled with the Government's drive to turn Malaysia into an International financial center for Islamic Finance as the backdrop, the introduction of this program is to forge Malaysia's leadership in Islamic Finance.

Click here to download IFP brochure


Objectives
IFP prepares candidate to be a competent financial planner capable of meeting the financial planning needs of the consumer in conformity to Shariah. The Islamic Financial Planner shall be equipped with all the necessary knowledge of financial advisory for the retail market.

At the end of the program, the candidate should be able to:

  • Have clear appreciation of Islamic financial planning
  • Guide clients through the financial planning process
  • Advise clients on how they may achieve their financial goals and al-falah
  • Implement and monitor the financial plan for the client

Target Market
Within the retail segment of the Islamic financial market, the IFP designation is highly relevant to:
  • Takaful agent
  • Retail/Personal financial services executive and manager
  • Unit trusts agent
  • Wealth management executive and manager
  • Estate planner executive and manager
  • Financial planning professionals

Entry Requirement
Candidates must have a minimum of:
  • Sijil Pelajaran Malaysia; and
  • Relevant working experience in the financial services industry

IFP Modules
ISLAMIC FINANCIAL PLANNER (IFP)
M1 Fundamentals of Islamic Financial Planning
M2 Risk Management and Takaful Planning
M3 Islamic Investment Planning
M4 Zakat and Tax Planning
M5 Islamic Estate and Waqf Planning
M6 Financial Plan Construction and Professional Responsibilities


Methods of Assessment
Module Type of Exam
1, 2, 3, 4 and 5 60 Multiple-choice Questions within 2 hours
6 Part A: 60 Multiple-choice Questions within 3 hours
Part B: Case Analysis and Essay within 3 hours


Investment
Candidates are responsible for tuition fee and exam fee:
Module Tuition Exam
M1 RM 1,500 RM 300
M2 RM 1,000 RM 300
M3 RM 1,000 RM 300
M4 RM 1,000 RM 300
M5 RM 1,000 RM 300
M6 RM 1,500 RM 300
Total RM 7,000 RM 1,800


Brochure

Click here to download IFP brochure