KUALA LUMPUR, April 17 (Bernama) -- The leading players in Islamic Wealth Management and Financial Planning once again gathered at the 4th MFPC International Conference on Islamic Wealth Management & Financial Planning (ICWMFP) at Putra World Trade Centre (PWTC), Kuala Lumpur on 15 April 2017.

With the pertinent need of early knowledge of Fintech among the financial fraternity, MFPC has decided to organise this year conference with the theme “Islamic Wealth Management and Fintech Solutions”. 4th ICWMFP saw experts from finance, banking, academician and the Fintech sector. Zainal Izlan Zainal Abidin, Managing Director of Islamic Capital Market from Securities Commission (SC) Malaysia delivered the key note address.

The organising chairman of the conference, Assoc. Prof. Dr Ahcene Lahsasna stated that this year’s conference provide alertness about the challenges and the advantages of Fintech in Islamic wealth management. He also added that Fintech has become such a global interest and the technology would alter the Islamic Wealth Management Industry.

“It is undeniable that we see many financial products and services is being marketed through the internet; through company’s e-platform or system today; while we could anticipate greater sale volume to be achieved and at the same time, these distribution channels may also bring new challenges to the finance industry. I believe today’s conference will further emphasize the importance, the challenges and the advantages of Fintech in Islamic wealth management”.

He also stated that Bank Negara Malaysia has established the Financial Technology Enabler Group (FTEG) in the month of June 2016 as the central contact point on Fintech related queries.

“Financial Technology Enabler Group (FTEG) is a group that will serve as the central contact point on Fintech related queries, which includes matters related to regulation and the implementation of Fintech. This group will be supervised by Bank Negara Malaysia’s Financial Sector Development Department.”

Featuring well know names with intellectual depth, the key objectives of the 4th MFPC International Conference serve as a thought provoking discussion and honest reflection of Fintech and its ability to alter the financial market place.

NOTE TO EDITOR:
About:-
Malaysian Financial Planning Council (MFPC)

MFPC is an independent body set up with the noble objective of promoting nationwide development and enhancement of the financial planning profession. MFPC provides an evolving set of Best Practice Standards and Code of Ethics that must be adhered to by Registered Financial Planner (RFP) and Shariah RFP designees. This requirement is aimed at ensuring that the public will be served with the highest quality of financial planning services. MFPC was registered on 10th of March, 2004 under the Societies Act, 1996. The Registered Financial Planner (RFP) programme was launched by the former Governor of Bank Negara Malaysia, Y.Bhg. Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz in November 2002.

The RFP designation was approved by Bank Negara Malaysia (BNM) as the prerequisite qualification to apply for the Financial Advisers’ License and Financial Advisers’ Representative License. RFP designation was also approved by Securities Commission Malaysia for the application of the Capital Markets Services License (CMSL) in view of the introduction of the Capital Markets and Services Act 2007.

Please visit: www.mfpc.org.my

SOURCE : Malaysian Financial Planning Council
 
FOR MORE INFORMATION, PLEASE CONTACT: 
Name : Asyila Tarmizi
External Relations and Project Management
Malaysian Financial Planning Council
Tel : +6 03 62035899
Email : asyila@mfpc.org.my

--BERNAMA