The financial services sector was one of the fastest growing industries of the economy in the past decade and was identified as one of the National Key Economic Areas such as Malaysian government. The growth potential of this sector is seen in the Islamic financial services such as the Islamic wealth management and financial planning by local, regional and international players.

Financial planning, being a discipline related to assisting and regulating the process of making financial decisions, comes under the broad purview of Shariah rules and ethics. In addition to Shariah laws related to transactions, those relevant to wealth and finance, as well as financial duties and obligations, are applicable in financial planning. The financial planning process should also conform to the objectives of Shariah pertaining to wealth, as well as human existence.

In the Shariah perspective, wealth is a creation of Allah in its different forms and in principle belongs to him. Thus, wealth in reality is the property of Allah. The right to wealth enjoyed by man is only delegated to him by Allah. This situation becomes clear when it is understood that human involvement in the attainment of wealth is limited to his exerting himself in the process of production and investment.

In general, the audience do not possess a background in Shariah studies, presentation in a simplified and readily understood format is also vital. This challenge is currently being addressed by Shariah scholars. Courses of study that is entirely devoted to treating this subject or books written exclusively under this particular heading of Islamic financial planning are still scarce. Nevertheless, with growing market demand, more advancement is expected in this direction in the near future.

Thus, in order to discuss on the above issues as well as in line with the national agenda to make Malaysia an International Islamic Financial Centre and to promote advancement in Islamic transactions and business, MFPC will be organizing the 9th MFPC E-Conference On Shariah Wealth Management & Financial Planning 2022 on 20 April 2022 at MFPC Virtual Platform and the theme is: “ POST-PANDEMIC TRANSFORMATIONS: ALIGNING FOCUS AND ASSESSING IMPACT”.

OBJECTIVES

This conference will provide a platform to create public awareness of the importance of wealth management and financial planning, deliberate on the essential knowledge regarding Islamic Finance and Shariah; and legal and operational aspects of the Islamic capital market. The talks and panel sessions will provide greater insight into promoting Islamic wealth management and financial planning as an arena for economic growth along with a diversified     strategy in approaching a dynamic and competitive financial environment.

Since the Islamic Wealth Management and Financial Planning not only focusing on the Muslims community; the several objectives are hopefully will be achieved:-

1. Promote the Islamic Wealth Management and Financial Planning throughout the community.
2. Gain a better understanding on the current situation of Islamic Wealth Management and Financial Planning.
3. Explore the best current practice of Wealth Management and Financial Planning based on Shariah.
4. Build the networking platform among Conventional Financial Planners and Shariah Scholars on Islamic Wealth Management and Financial Planning.

WHO SHOULD PARTICIPATE

• Shariah and Islamic Compliances
• Socially Responsible Investment
• Malaysian Capital Market
• Focusing on Responsible Investment to Drive For Sustainable Benefits
• Investment in Shariah Perspective
• Bond vs Sukuk vs Green Sukuk
• Issuance of Green Sukuk
• Positive Impact from SRI Sukuk on the Community’s Economy
• Pushing and Fuelling SRI Sukuk Agenda
• Legal Aspect of SRI Sukuk
• Professional Financial Advice and Its Regulations

Past Slide Presentation

Session 1 : Islamic Finance From Niche to Mainstream

• Dr. Hamim Syahrum Ahmad Mokhtar
• Deputy Director of Islamic Banking Takaful Department
• Bank Negara Malaysia

Session 2 : Role of the SC in Promoting SRI

• Pn. Azreen Idayu Zainal
• Deputy General Manager, Markets & Products,
• Securities Commission Malaysia

Session 3 : Takaful & Value Based Intermediaries

• En. Afdzal Al-‘Adli Husni Husin
• Head of Product Marketing, AIA Public Takaful Bhd

Session 4 : Consumer Protection In The Context Of Regulatory Effort and Maqasid Al Shariah Framework 

• Assoc. Prof. Dr. Ahcene Lahsasna
• Chief Executive Officer, Salihin Shariah Advisory Sdn Bhd

Session 5 :  Guiding Principles of VBI Implementation

• Prof Datuk Dr. Syed Othman Alhabshi
• Chairman, MFPC Shariah Advisory Committee

Session 6 : Financial Freedom and Shari’ah Compliant Investment

• Prof. Dr Catherine S F Ho
• Faculty of Business & Management, Universiti Teknologi MARA and President, Malaysian Finance Association.

Round Table  Topic : Strengthening the Roles & Impact of Islamic Finance

1. Mr. Mustafa Aydemir

• Senior Investment Analyst, Saturna Sdn Bhd

2. Prof Dr. Younes Soualhi  

• Senior Researcher, International Shariah Research Academy for Islamic Finance (ISRA)

3. Puan Ratna Sha’erah Kamaludin

• Acting Executive Director of Association of Islamic Banking and Financial Institutions Malaysia(AIBIM)

4. Wafa Mohammed Nasr

• Shariah Wealth Consultant, Certified MFPC Trainer

5. Suzardi Bin Maulan

• Financial Planner, Phillip Wealth Planners Sdn Bhd