Shariah Registered Financial Planner (Shariah RFP)

Shariah Registered Financial Planner – A Premier Financial Planning Designation of MFPC

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.
  • To establish strategic alliances between Malaysia and other Islamic countries.

Shariah RFP Programme


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

Entry Requirement : Sijil Pelajaran Malaysia (minimum 3 credits)

New Student Shariah RFP Registration Form :   (Download Here)

Shariah RFP-IFAR Programme
Shariah RFP-CMSRL Programme 
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Shariah RFP Programme Fee


More info : New Revised Fees with GST

Shariah RFP Examination & Classes

Please click here for Exam Schedule & Classes.


Affiliate Shariah RFP

In response to the market demand and environment changes locally and internationally; MFPC introduced the “Affiliate Shariah RFP” designation to Members who have passed Module 1: Fundamentals of Shariah Financial Planning and one other module of Shariah RFP Programme. Affiliate Shariah RFP is intended to provide a pool of qualified practitioners to venture into the Shariah financial panning profession in Malaysia.


Shariah RFP Membership Benefits & Privileges:

  • Branding of Professional Image – MFPC is a Self Regulatory Organisation (SRO) and Membership enhances long term public image.
  • Venturing into the financial planning profession – Shariah RFP designation provides entry opportunities to professionals who wish to venture into the financial planning profession.
  • Leadeship Quality – Being and MFPC member, you will be accorded a place among a group of pioneer Shariah RFPs who are instrumental in the development of financial planning in Malaysia.
  • Platform for exchanging views and networking activities – MFPC Membership provides a strategic platform to interact among industry players and regulators for the exchange of views and knowledge on the development of financial planning, both locally and internationally.
  • Participation in Financial Planning Education and Advisory Services – Shariah RFPs are given priority to be Certified Shariah RFPs Trainers. Registered Shariah RFP are encouraged to actively participate in lecturing Shariah RFP Modules and conducting of seminars / talks on financial planning subjects. The MFPC strongly recommends Shariah RFPs to hold advisory positions in various boards and committees in the related industry via AKPK and local universities.
  • Professional Indemnity (PI) Insurance Scheme – Members of the MFPC have the unique privileges to be enrolled in the PI Insurance Scheme specially tailored to the requirements of Bank Negara Malaysia.
  • Financial 1st Magazine – Financial 1st Magazine published by the MFPC is exclusively free-of-charge to the Ordinary Members. A special membership discount of 10% is given to members who wish to advertise in the in the Financial 1st Magazine.
  • Priority and Special Offers to MFPC Members – MFPC members are given special discount and priority standing in all MFPC promotional and publicity activities e.g seminars, workshops, advertisement campaigns, and conventions.


Modular Exemption

Applicant who have prior learning experience in Islamic financial planning related programmes is eligible to apply for modular exemption for Shariah RFP programme.

Notice to Modular Exemption Applicants:

  1. To submit certified true copy of transcripts/results together with exemption application.
  2. To submit programme syllabuses and assessment methodology together with exemption application.
  3. The Certification and CPD Board (CCB) reserves the right to request additional/relevant documents pertaining to the exemption application and to decline exemption application on inadequate document submission/incomplete application form.
  4. All the standard exemption shall be granted to the relevent academic/professional qualification only if respective Shariah RFP module(s) was covered in the said programme syllabus.
  5. BA, BSc, Masters, PhD courses and any other qualifications, which are not listed in the exemption table, exemption(s) shall be granted on case–by–case basis.
  6. Maximum 4 modules shall be granted to Module–by–Module Exemption Application.
  7. CCB will consider maximum 6 modules modular exemption for university programme exemption application. Evaluation is based on 60% matching syllabus on aggregate basis. Applicants shall score at least 2.5 CGPA and they are required to attend Shariah RFP Module 7 classes.
Please click Below for :-
1. List of programmes eligible for Module Exemption
2. Modular Exemption Application Form


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