Shariah RFP M3

No. MFPC lists the Registered Financial Planner (RFP) and Shariah Registered Financial Planner (Shariah RFP) as separate qualifications, with separate Capstone Programmes. The Shariah route threads screening, purification, contract validity and Shariah documentation through the whole syllabus, so you cannot substitute conventional answers and add a paragraph of Arabic terminology at the end.

Four connected areas: Shariah investment principles and the regulatory framework; Shariah-compliant asset classes and screening; portfolio construction, risk and performance assessment; and client profiling, advice and documentation under Shariah constraints. Treat them as a chain - a screening error at stage two invalidates every portfolio conclusion you draw at stage three.

The material available to me does not publish a question count, duration or passing score for this module, so I will not invent figures. Check MFPC's Examination Guidelines & Procedures and Examination Announcements pages, and confirm directly with MFPC before you build a timing or scoring strategy around an assumed format.

MFPC maintains an Examination Method (Physical & Virtual) page and publishes notices about computer-based examination centres, including centre closures in and outside the Klang Valley. Confirm the current venue arrangements and any closure affecting your sitting on MFPC's examination announcements before you book travel or leave.

The retrieved MFPC material sets out no resit policy or module fee for this qualification; the resit circulars visible there relate to the PITA programme, not the Shariah RFP. Ask MFPC for the current resit rules and fees in writing rather than relying on forum posts, which are frequently out of date.

Start with Shariah and regulatory vocabulary: contract types, prohibited elements, and which authority governs what. Move to screening - business-activity filters, financial ratio tests, purification. Then portfolio construction, risk and performance. Finish with client profiling, suitability and documentation, because that final area only works once the earlier three are solid.

Recurring weak spots: treating screening as one ratio test, forgetting purification of impermissible income, applying conventional performance measures without asking whether the benchmark itself is Shariah-appropriate, and treating documentation as paperwork rather than evidence of suitability. The deepest trap is answering a Shariah question with a purely conventional finance answer.

MFPC announced on 6 November 2026 that registration for the 2027 RFP and Shariah RFP Capstone Programmes is open. The available source states no closing date and no fee, so register through the 1st MFPC Portal and confirm intake dates and pricing with MFPC before committing to a study calendar.

Continuing professional development is a condition of membership, not an optional extra. MFPC asks members to complete and submit 2026 CPD hours by 31 December 2026 and renew membership by 31 January 2027 to qualify for an RM20 MFPC voucher. Diarise both dates well before December.

It helps. The Shariah RFP journey runs across seven modules, with Module 7 described by MFPC as the final step. If you come from conventional planning, budget extra time for contract types such as murabahah, ijarah, musharakah and mudarabah, and for the difference between screening a business and screening its balance sheet.