IFP Learning Center

IFP® 1

IFP® 2

IFP® 3

1. Islamic Worldview on the Concept of Financial Planning

  • Islamic Worldview on the Concept of Financial Planning
  • Key Differences to Conventional Methodologies
  • The Objectives of Shariah (Maqasid Al-Shariah) and its Application in Financial Planning

2. Shariah and Fiqh

  • Definition of Shariah
  • Salient Features of Shariah
  • Relationship between Shariah and Fiqh
  • Importance of Muamalat
  • Main Theories of Muamalat Contracts

- Hunting the Retirement Killers

- Theory of Property (Mal)

- Theory of Right (Haq)

- Theories fo Contract ('Aqad)

3. Introduction to the Financial Planning Industry

  • Development of Financial Industry
  • Licensing Regime on Indonesia and Global
  • Code of Conduct - Ethical vs Unethical

4. Basics of Islamic Financial Planning

  • Financial Life Stages and Life Cycle in Financial Planning
  • The Application of the Six-Step Process within the Scope of Islamic Financial Planning
  • Role of Islamic Financial Planner and S.A.T.F principles

1. Analysing Personal Financial Position and Cash Flow Planning

  • Construct and establish personal financial statements
  • Analyse and review the personal financial and cash flow situations to obtain an accurate assessment of the clients liquidity, leverage and net worth
  • Establish cash flow and debt management strategies

2. Islamic Risk Management and Planning

  • Description of the need for risk control and personal liability management in relation to life, health and disability, property and business
  • Explore the use of takaful solutions in personal financial planning, with an emphasis on planning techniques

3. Islamic Investment - Ethical Investing and Wealth Creation

  • Match personal goals with risk tolerance and establish investment criteria
  • Analyse current and establish desired asset allocation
  • Identify investment strategies and suggestion

4. Education, Marriage & Hajj Planning

  • Identify roadblocks to Education, Marriage & Hajj Planning
  • Establish financial and non-financial needs and expenses
  • Develop deferral strategies and income sources to fund investment needs

5. Retirement Planning

  • Projection of Retirement Needs
  • Retirement Funding Gaps
  • Hunting the Retirement Killers

1. Individual Tax Planning and Zakat Management

  • Analysis of Wealth Subjected to Zakat - Common Practices
  • Individual Tax Structure for individual in Indonesia
  • Correlation Between Zakat and Taxation in Financial Planning
  • Tax Planning Concepts

2. Islamic Legacy Planning

  • Faraid, Wasiyyah, Hibah and Waqf Instruments
  • Matrimonial Assets and Other Islamic Legacy Planning Issues
  • Identify estate planning issues - wealth preservation and distribution
  • Application of Islamic Estate Planning methodologies and tools for personal financial planning

3. Islamic Financial Literacy & Wealth Building

4. Assessment

(Case study)

Submission Deadline by schedule

Assessment Submission to

IFP Learning Center