REGISTERED FINANCIAL PLANNER (RFP) - Your Pathway to Professionalism
About Shariah Registered Financial Planner (Shariah RFP)
In line with the national agenda to make Malaysia the Islamic Financial Centre and to promote advancement in Islamic transactions and businesses; MFPC has developed Shariah RFP Programme as a practical professional programme for practitioners to equip themselves with Takaful and Islamic financial planning principles and knowledge.
Y.B Dato’ Seri Mohamed Khaled Bin Nordin, Minister of Higher Education launched the Shariah RFP Programme on 21st August 2008. The Shariah RFP designation is recognized by Bank Negara Malaysia as an approved qualification for the Financial Advisor’s Licence.
Importance of the Shariah RFP Programme
- To increase and enhance the pool of Islamic Capital Market expertise through training and education.
- To provide an understanding of the influence of Shariah in the business context and prepare graduates to hold key positions in the Islamic Finance and Takaful Industries.
- To provide an international benchmark qualification that will equip candidates with a practical understanding of Islamic Financial Planning.
- To introduce more competitive and innovative Islamic financial products and services.
- To increase the awareness of Malaysia’s Islamic Financial Planning on the domestic and international levels.
RFP Programme Module
| Module | Descriptions |
|---|---|
| Module 1 | Fundamentals of Shariah Financial Planning |
| Module 2 | Risk & Takaful Planning |
| Module 3 | Shariah Investment Planning |
| Module 4 | Zakat & Tax Planning |
| Module 5 | Shariah Estate Planning |
| Module 6 | Retirement Planning |
| Module 7 | Applications of Shariah Financial Planning |
Methods of Study
There will be two methods of study allowed:
1. Self-study with examination
2. Course with lectures and examination (Physical & Online)
Upon enrolment for either method of study, a complete set of textbooks /course materials will be given for each and every module.
The text materials used will meet the high standards set by the Certification and Continuing Professional Development (CPD) Board of the MFPC. Candidates will be tested on both the academic and practitioner’s aspects of each module to ensure that RFP designees are those who are trained to perform the task of financial planning in the real world.
Difference Between Self-study and Lectured Courses :-
- The availability of the two methods of study gives greater flexibility and choice to cater to the differing needs of the students throughout the country.
- Self-study is an approach where the student is allowed to study on his own and complete his studies at his own pace. As for the lecture-mode of study, it allows for interactions and exchange of ideas through feedback, discussions and case studies.
- All lecturers are certified by the Certification and CPD Board. The course will be conducted by Education Providers approved by the MFPC.
For further assistance, please contact the Education Department at 03-62035899 or email to education@mfpc.org.my.
