What the Course Entails and Exam Details

The SRFP course features a robust Malaysianized syllabus structured into seven comprehensive modules.

These modules equip you with the specialized knowledge and skills required to navigate the complexities of Islamic wealth management.

Core topics covered across the syllabus include:

• 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

You can choose between self-study or lecture-mode classes conducted by MFPC’s approved Education Providers.

Exemptions are available for candidates with relevant prior academic or professional qualifications, including a 'Capstone' route for highly experienced individuals.

What to Expect in the Final Exam

The MFPC SRFP examination process is thorough and designed to test both academic knowledge and practical application.

For Modules 1 through 6, you will typically encounter a final examination consisting entirely of Multiple Choice Questions (MCQs).

The final module, Module 7 (Applications of Shariah Financial Planning), is assessed differently, usually requiring the submission of a comprehensive Project Paper (Case Study) to test your ability to construct a complete Shariah financial plan.

To achieve a full pass and qualify for the designation, you must pass all seven modules.

MFPC examinations are officially administered by the Malaysian Insurance Institute (MII).

 How to Study and Exam Centers

A successful study strategy for the SRFP involves leveraging the official MFPC textbooks, which are provided upon enrollment.

For those in self-study, creating a strict study schedule and focusing on the learning outcomes of each module is vital.

Candidates attending lecture-mode classes should actively participate in case study discussions, as these are critical for understanding the practitioner's perspective.

To familiarize yourself with the question style, practicing with past year questions or SRFP practice tests is highly recommended.

Examinations are held regularly and can be taken in both physical and virtual methods.

Physical exam centers are located in key Malaysian cities, including:

• Kuala Lumpur
• Penang
• Johor Bahru
• Kuantan
• Kota Kinabalu
• Kuching

For virtual exams, ensure you meet all technical and proctoring requirements set by MII before your scheduled test date.

 Job Opportunities from the Course

Obtaining the SRFP designation unlocks significant career paths in Malaysia’s robust Islamic finance ecosystem.

It is a recognized qualification for those aiming to become licensed practitioners and hold key positions.

Career opportunities and specific job titles for SRFP designees include:

• Licensed Islamic Financial Planner: Providing holistic, fee-based Shariah-compliant financial planning.
• Financial Adviser Representative (FAR): Authorized to represent financial advisory firms.
• Islamic Wealth Manager: Managing portfolios and wealth for high-net-worth individuals within Shariah principles.
• Takaful Consultant/Agency Manager: Specializing in family and general Takaful solutions.
• Islamic Unit Trust Consultant: Advising on Shariah-compliant mutual funds and investments.
• Islamic Estate Planner: Assisting clients with Wasiat (will) writing and Hibah (gift) planning.
• Islamic Bank Officer: Specializing in wealth management or relationship management departments.
• Compliance Officer (Islamic Finance): Ensuring financial products and services adhere to Shariah guidelines