RFP Module 2
Registered Financial Planner (RFP) Capstone Programme
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ExploreAbout this exam
The Registered Financial Planner (RFP) Capstone Programme is the professional financial planning qualification offered by the Malaysian Financial Planning Council (MFPC), a parallel Shariah RFP track covers Islamic financial planning. Module 7 is the final module of the Capstone journey: MFPC describes it as the last step towards completing the qualification and becoming an RFP or Shariah RFP holder. The programme suits practising financial advisers, insurance and takaful agents, bank wealth staff, and career changers who want a recognised planning designation rather than a purely academic award. Candidates register through the 1st MFPC Portal, and MFPC lists modular exemption for the RFP programme, so prior qualifications may shorten the route. Teaching is delivered by Certified MFPC Trainers under a Principal Certified MFPC Trainer, with assessment handled by Certified MFPC Examiners; examinations run in both physical and virtual modes, and class and examination schedules are published on the MFPC site. Preparation should combine the published class schedule with the examination guidelines and procedures, then build case-based practice in risk management, investment, retirement, tax and estate planning, ethics, and Shariah contracts where relevant. Because MFPC publishes circulars and notices that revise procedures, check the current circulars before registering. This page is independent study material and is not affiliated with, endorsed by, or operated by MFPC.
What you'll study
About RFP Module 2 preparation
What exactly is Module 7?
Module 7 is the final module of the RFP or Shariah RFP Capstone Programme. MFPC frames it as the last step before becoming an RFP or Shariah RFP holder, so treat it as the closing stage of the qualification rather than an optional add-on. Confirm sequencing and eligibility on the official programme page.
How is the examination delivered?
MFPC lists an examination method covering both physical and virtual modes, and publishes examination guidelines and procedures plus a separate examination schedule. Before booking, read the current guidelines because MFPC issues circulars and announcements that change venue arrangements and computer-based centre availability over time.
Is there a modular exemption?
Yes. MFPC lists modular exemption for the RFP programme under admission and registration. Exemption is assessed against your prior qualifications, so gather transcripts and certificates early and confirm the outcome before paying for modules you may not need.
How do I register?
Registration runs through the 1st MFPC Portal, which is also where you enrol for programmes and register for CPD events. MFPC opened registration for the 2027 RFP and Shariah RFP Capstone Programmes, announced on 6 November 2026. Create or sign in to your portal account first, then follow the programme registration steps.
Can I use EPF savings to pay for the programme?
MFPC has published a notice on the Employees Provident Fund (Account II) Education Withdrawal Scheme for the RFP and Shariah RFP programmes, dated 2 April 2026. Read that notice for the eligible withdrawal mechanics and required documents, since approval rests with EPF rather than MFPC.
How should I order my study?
Start with the examination guidelines and procedures so you know the format before content revision. Then work through the class schedule topics in sequence, building case-based practice across risk, investment, retirement, tax and estate planning, ethics, and Shariah contracts for the Shariah track. Finish with timed mock papers.
Why do candidates fail?
The most common causes are answering from general knowledge instead of applying a structured planning process, ignoring ethics and regulatory constraints, and skipping the Shariah contract analysis on the Shariah track. Weak numerical work in retirement and insurance needs analysis also costs marks. Practise full written answers, not just recall.
Do I need to maintain CPD after qualifying?
Yes. MFPC operates a Continuing Professional Development framework with individual submission and endorsement requirements. For 2026, CPD hours must be submitted by 31 December 2026, and membership renewed by 31 January 2027 to qualify for the RM20 MFPC voucher. Plan CPD throughout the year rather than at the deadline.
Are retakes available if I fail?
The source material does not state a retake policy, number of attempts, or resit fees for the RFP Capstone Programme. MFPC publishes separate resit circulars for its PITA programme, so confirm the RFP position directly with MFPC before assuming any rule carries across.
What does the exam cost and how long is it valid?
Fees, examination duration, question count, passing score and validity period are not stated in the source material reviewed here. Check the current programme page and examination guidelines on the MFPC website, and request the latest fee schedule from MFPC, before budgeting or planning your timeline.