The Financial Planning Association of Malaysia (FPAM) and the Islamic Banking and Finance Institute Malaysia (IBFIM) received a grant of RM1.15 million from the Capital Market Development Fund (CMDF) for their joint collaboration in the development of a certification programme for Islamic financial planning.

This certification programme is targeted at all professionals and executives serving the retail segment of the Islamic financial market. The training syllabus covers six modules covering all aspects of financial planning, similar to the CFP®, but will be in full compliance with Shariah principles and Islamic tenets.

The CMDF Chairman, Dato' Zarinah Anwar said, "The Malaysian Islamic Capital Market is one of the most dynamic and rapidly growing in the world, but there is still much that must be done for Malaysia to be recognised as an international Islamic financial centre. To achieve this, one of the critical gaps that must be addressed is the lack of skilled resources in Islamic finance.

"The CMDF has therefore granted RM1.15 million for FPAM and IBFIM to develop a certification programme for Islamic Financial Planning, as this will produce qualified professionals and help build up a pool of talent with the right blend of financial knowledge and understanding of Shariah principles."

For further enquiries, send email to Mahadzir Ahmad, IFP Program Manager at This e-mail address is being protected from spambots. You need JavaScript enabled to view it