Shariah RFP M1 case studies

Shariah RFP M1 · Put your knowledge to work in context.

The Shariah Registered Financial Planner (Shariah RFP) is a professional qualification listed by the Malaysian Financial Planning Council (MFPC), an independent body that states it advances the financial planning profession through best practice standards and a Code of Ethics for RFP and Shariah RFP designees. The Shariah RFP sits alongside the conventional Registered Financial Planner (RFP) qualification and is reached through the Shariah RFP Capstone Programme. The Shariah RFP M1 case studies are 5 cases and about 5,417 words.

Zakat Base with a Breached Holding, a Murabaha Liability and a Late Inheritance

Farid, 42, a salaried operations manager, has asked you to review his zakat position for the haul ending 15 Syawal. His gross salary is RM 18,500 a month.

1,028 words, about 5 min 2

A Will with Three Wishes, a Joint-Tenancy House and a Disabled Heir

Tuan Rahman, 66, is drafting his first will. He owns his house, worth RM 1.2 million, jointly with his wife as joint tenants; she contributed 40% of the purchase price.

1,050 words, about 5 min 3

Surrendering a Conventional Policy to Move to Takaful with a Health Loading

Encik Zulkifli, 47, a non-smoker with a BMI of 31 and an HbA1c of 7.1%, has decided to make his finances fully Shariah compliant. In 2004 he bought a conventional participating whole-life policy: sum assured RM 500,000, monthly premium RM 620, current cash value RM 92,000, and an outstanding policy loan of RM 30,000 at 6.5% simple interest.

1,110 words, about 6 min 4

A Screening Breach, a Thinly Traded Stock and a One-Month Divestment Order

Puan Salmah, 55, holds RM 750,000 in a Shariah-compliant equity fund and RM 120,000 of Serirama Holdings bought directly two years ago for RM 75,000. Last week the fund's Shariah adviser reported that Serirama has breached both thresholds: interest-bearing deposits are now 34% of total assets against a 33% limit, and interest income is 5.4% of revenue against a 5% limit.

1,021 words, about 5 min 5

Choosing Between Murabaha, Ijarah and a Conventional Loan for RM 1.2 Million of Expansion

Warisan Bakery Sdn Bhd, owned 95% by a Muslim family and 5% by a non-Muslim angel investor, needs RM 1.2 million for a second production line. Three offers are on the table.

1,208 words, about 6 min