Shariah RFP Module 2 case studies
Shariah RFP Module 2 · Put your knowledge to work in context.
The Shariah RFP Capstone Programme is a six-day intensive programme designed by the Malaysian Financial Planning Council (MFPC) as a fast track pathway for existing practitioners, accountants, lawyers or academicians to become a qualified Shariah financial planner. It was launched on 28 May 2011 by Y.B. Senator Dato' Ir Donald Lim Seng Chai, then Deputy Minister of Finance, and MFPC frames it in line with the Malaysian New Economic Model to increase the pool of well-trained human capital and to address the need for qualified Shariah financial planners positioning Malaysia as a regional hub for Islamic finance. Participants who successfully pass all the assessment and examination are conferred the Shariah RFP designation. The Shariah RFP Module 2 case studies are 5 cases and about 3,583 words.
1Ahmed's Pre-Retirement Debt and Business Decision
Ahmed, 55, earns RM 22,000 a month and plans to retire at 60. His EPF savings are RM 900,000, of which RM 200,000 is in a Shariah-compliant fund.
690 words, about 3 min2Fatimah's Takaful Replacement and Disabled Brother
Fatimah, 45, runs a retail business with RM 1.2 million annual revenue. She has type 2 diabetes and hypertension, controlled with medication.
718 words, about 4 min3Lim's Equity Screening Breach and Sukuk Penalty
Lim, 35, has RM 500,000 in a Shariah-compliant equity fund. The fund's Shariah board uses AAOIFI screening: debt/assets must be below 33% and interest income below 5%.
708 words, about 4 min4Yusuf's Zakat Base and Tax Rebate
Yusuf, 50, runs a sole proprietorship. Business assets: cash RM 200,000, receivables RM 120,000 (of which RM 20,000 is doubtful), inventory RM 300,000, equipment RM 500,000.
698 words, about 3 min5Tariq's Will, Takaful Nomination and Business Succession
Tariq, 65, is a widower who remarried last year. He has four children from his first marriage: two sons and two daughters.
769 words, about 4 min