Shariah RFP M3 case studies
Shariah RFP M3 · Put your knowledge to work in context.
The Shariah Registered Financial Planner (Shariah RFP) is a professional financial planning qualification offered by the Malaysian Financial Planning Council (MFPC), which describes itself as an independent body dedicated to advancing the financial planning profession through best practice standards and a Code of Ethics for RFP and Shariah RFP designees. It sits alongside the conventional RFP but is built for advisers, planners and product specialists whose advice must survive both commercial and Shariah scrutiny: sukuk and Shariah-compliant equities, takaful, Islamic deposits, and zakat-aware planning. The Shariah RFP M3 case studies are 5 cases and about 3,428 words.
1Endowment RFP: SSB Governance, Standards Conflict and Leverage
A Gulf-based endowment issues an RFP for a $120 million global Shariah-compliant equity mandate. The RFP requires AAOIFI Shariah Standards, an independent Shariah supervisory board (SSB) with three members, and annual purification.
707 words, about 4 min2Quarterly Screening Review: Three Holdings and a Purification Error
A 75 million Islamic equity fund holds 38 stocks. At the quarterly review, three holdings raise issues.
724 words, about 4 min3Family Office Mandate: Income Target, Duration Gap and an Arbitrage Fund
A family office with $40 million asks for a Shariah-compliant portfolio to fund a 5.2-year liability stream with a 4.5% annual income target. The proposed policy is 55% sukuk, 35% Shariah-compliant equities, 10% commodity murabaha.
711 words, about 4 min4Attribution Review: Screening Drag, Benchmark Switch and Purification
An Islamic equity fund returned 7.4% over 12 months versus 9.2% for its stated benchmark, the Dow Jones Islamic Market World Index. The manager's marketing note says the 180 bp shortfall is 'purely due to Shariah screening'.
629 words, about 3 min5Retail Suitability File: Guaranteed Income, a Mortgage and Purification Disclosure
A 58-year-old retail client has 850,000 in a conventional pension and 120,000 in cash. She wants a Shariah-compliant portfolio producing 'at least 5% guaranteed' annual income to supplement retirement in seven years.
657 words, about 3 min