About IFP
The Islamic Financial Planner (IFP) is a professional qualification programme designed for professionals and executives that serves the retail segment of the Islamic financial market.
IFP is pre-requisite for Capital Market Services Representative’s License (CMSRL) by Securities Commission (SC) and Islamic Financial Advisers’ Representative License (FAR) by Bank Negara Malaysia (BNM) to carry out the regulated activity of financial planning. This programme is a joint collaboration between IBFIM and Financial Planning Association of Malaysia (FPAM).
Being certified as an Islamic Financial Planner will equip learners with all the necessary knowledge to serve clients better and to become a financial advisory professional. The IFP programme sets the competency standards and ethical practices of the professionals. In short, the consultants and agents can look forward to a fulfilling and prosperous career of being an Islamic financial planner.
Challenge Status
IFP Challenge Status programme is a fast-track programme for those who are already involved in the related industry and have similar professional qualifications.
Learning Outcomes
- Illustrate the Shariah principles and its applications that related to Islamic financial planning;
- Relate the financial planning industry and its regulatory structure;
- Realise the steps and requirement in Islamic financial planning process;
- Construct and strategise a holistic Islamic financial plan; and
- Formulate and execute implementation and review process of the plan as an ongoing advisory service.
Entry Requirements
- Certified Financial Planner® (CFP®) holders; or
- Other professional certificants e.g. Chartered Financial Analyst® (CFA®), CharteredAccountant (CA) or equivalent with 3 years’ experience; or
- Bachelor’s degree holder in any discipline with 5 years minimum experience in Islamic financial services industry
Assessments
- CS: Shariah, Islamic Financial Plan Construction and Professional Responsibilities
- Paper 1
- Paper 2
Paper 1
- 75 Multiple Choice Questions
- 60% Passing Marks
- Remote Examination (Online)
- 2 Hours 30 Minutes
Paper 2
- Part A – Structured Questions
- Part B – Case Study
- 60% Passing Marks
- Remote Examination (Online)
- 1 Hour 30 Minutes (Pre-Reading) + 3 Hours 30 Minutes
Learning Mode
- Online
- Face-to-face
Future Skills Frameworks (FSF)
Innovation and Delivery
- Business Acumen
Customer Experience Management
- Customer Profiling
- Customer Relationship Management
Financial Products and Services
- Pricing Strategy
- Product Advisory
- Underwriting Management
Investment and Financial Management
- Cash Flow Management
- Financial Planning
- Islamic Wealth Management
- Liquidity Management
- Tax Advisory
Risk Management, Governance and Regulatory Compliance
- Shariah Compliance
- Shariah Risk Management
Programme Fees
| HRDC Prog No. | Modules | Online | Face to Face | ||||
|---|---|---|---|---|---|---|---|
| Hours | RM* | USD* | Days | RM* | USD* | ||
| 10001444313 | Islamic Financial Planner - Challenge Status | 42.0 | 7711.20 | 2540.16 | 6 | 10335.60 | 3414.96 |
| Preparatory Class | 7.0 | 1285.20 | 423.36 | 1 | 1722.60 | 569.16 | |
| Assessment | 1.5 | 400.00 | 125.00 | - | 400.00 | 125.00 | |
| *All fees are inclusive of 8% Sales and Service Tax (SST) | |||||||
| Total | 49 | 9396.40 | 3088.52 | 7 | 12458.20 | 4109.12 | |
Programme Date
| Modules | COHORT 1 | COHORT 2 | COHORT 3 |
|---|---|---|---|
| CS | 1, 2, 15, 16, 29, 30 June 2026 | 1, 2, 14, 15, 28, 29 September 2026 | – |
| Preparatory Class | 8 July 2026 | 8 October 2026 | – |
| Assessment | 27-28 July 2026 | 26 & 27 October 2026 | – |
All dates are subject to change
For programme enrolment or further enquiries, please email
[email protected]
or contact +603 2031 1010