18 January 2014, 9.30am-5.30pm - Financial AllianceThis course is designed to equip the layman with the relevant knowledge on how to plan his finances.
Key areas of financial planning include investment, protection, estate planning, zakat, wakaf and debt management. In each area, participants will gain knowledge on key factors to understand the Islamic perspectives and common mistakes to avoid.
Course notes and refreshments provided.
Participants who complete all 6 modules will be given a certificate of attendance.
Module 1: Introduction to Financial Planning
Why is financial planning important The difference between conventional & Islamic financial planning
The main areas of financial planning
Module 2: Cashflow and Debt Management
The importance of cashflow management
Understanding financial stability
Islam and debt
Choices available for those in debt
Module 3: Risk Management (Part 1)
Why risk management is important
The difference between conventional and Islamic risk management
Module 3: Risk Management (Part 2)
Major mistakes in risk management
How to build a proper risk management portfolio
Module 4: Investment Planning (Part 1)
The difference between Islamic and conventional investment planning
Key things to consider when investing
Module 4: Investment Planning (Part 2)
Major mistakes when investing
Investing at different life cycles: retirement, family, fresh graduates
Module 5: Zakat and Wakaf Planning
Zakat and wakaf in Islam
Understanding zakat and wakaf in Singapore
Calculating the various zakat
Module 6: Estate Planning
Faraid & Estate Planning
The road maps to Islamic Wills writing
The misconceptions and common mistakes n Islamic Inheritance