Saturday Morning Classes

Tuesday Evening Classes

9.00 – 10.30 Lecture
10.30 – 11.00 Break
11.00 – 12.30 Lecture

6.30 – 7.30 Lecture
7.30 – 8.00 Prayer break
8.00 – 9.00 Lecture
9.00 – 9.15 Break
9.15 – 10.15 Lecture

Module 1: Fundamentals of Islamic Financial Planning

Date & Time of Class

Section

Topics

Saturday, Jan 10, 2009 (9.00 am)

Tuesday, Jan 13, 2009 (6.30 pm)

1. Financial planning industry in Malaysia

2. Basics of Islamic Financial Planning

3. Islamic Financial Products and Services

4. Role of Islamic Financial Planner

Saturday, Jan 17, 2009 (9.00 am)

Tuesday, Jan 20, 2009 (6.30 pm)

1. Introduction to Risk Mgt and Takaful

2. Principles of Takaful and Insurance

3. Takaful Products

4. Responsibilities of a Takaful Agent

Saturday, Feb 14, 2009 (9.00 am)

Tuesday, Feb 17, 2009 (6.30 pm)

1. Shariah Overview of Investment

2. Basics of Investment

Saturday, Feb 21, 2009 (9.00 am)

Tuesday, Feb 24, 2009 (6.30 pm)

1. Islamic Investment Products

2. Approaching an Investment

Saturday, Mar 14, 2009 (9.00 am)

Tuesday, Mar 17, 2009 (6.30 pm)

1. Introduction to Zakat

2. Administration of Zakat in Malaysia

Saturday, Mar 21, 2009 (9.00 am)

Tuesday, Mar 24, 2009 (6.30 pm)

1. Tax Administration in Malaysia

2. Basics of Zakat and Tax Planning

Saturday, Apr 11, 2009 (9.00 am)

Tuesday, Apr 14, 2009 (6.30 pm)

1. Introduction to Estate and Waqf Planning

2. Understanding Estate Planning

Saturday, Apr 18, 2009 (9.00 am)

Tuesday, Apr 21, 2009 (6.30 pm)

1. Understanding Estate Administration Process

2. Understanding Waqf Planning

Saturday, May 09, 2009 (9.00 am)

Tuesday, May 12, 2009 (6.30 pm)

1. Overview of a Financial Plan

2. Introductory Case Studies

Saturday, May 16, 2009 (9.00 am)

Tuesday, May 19, 2009 (6.30 pm)

1. Professional Responsibilities

2. Putting Ethical Values into Practice

10.00 am – 12.00 pm

(60 multiple-choice questions)

Course Title

Fundamentals of Islamic Financial Planning (IFP Module 1)

Synopsis

This course is designed to enable candidates to develop an appreciation of Islamic financial planning. Candidates are provided with an outline of each of the major concerns of a financial planner as preparation for the extensive study to be covered in the other courses of the IFP program. The module prepares candidates towards becoming a competent financial planner capable of meeting the financial planning needs of the client in conformity to Shariah.

Objective

The objective of this course is to provide an overview of the IFP program and basic knowledge of being an Islamic financial planner.

Learning Outcomes

Upon completion of the course, the participant is able to:

1. Understand Financial Planning
2. Understand the financial planning industry and its regulatory structure
3. Understand the differences between Islamic and conventional financial planning
4. Understand the major financial planning components
5. Understand the professional responsibilities and ethical conducts
6. Create awareness towards Islamic financial planning