KUALA LUMPUR, May 17 (Bernama) -- The Malaysian Financial Planning Council (MFPC) today successfully organised the 10th Shariah Wealth Management E-Conference themed "Global Recession Fears: Challenges and Opportunities in Wealth Management". The virtual event brought together over 800 participants who included financial planners, wealth advisors, wealth managers, bankers, unit trust agents, remisiers, insurance and takaful agents, and academicians.
 
MFPC’s introduction of the Shariah Registered Financial Planner designation in 2008 was a proactive move to meet the growing demand for qualified professionals in the field and to support Malaysia’s vision of becoming a leader in Islamic financial education and services. Our annual Shariah Wealth Management Conferences are aimed to keep participants updated on the latest developments in the Islamic wealth management and financial services industry, and provide participants with insightful presentations and engaging interactive sessions.
 
The conference featured sessions on managing investment risks in times of uncertainty, covering topics such as ‘Guide to Markets for Investors’, ‘Business Owner Dilemmas During Recession Fears’, and ‘Portfolio Diversification with Cryptocurrencies and Digital Assets’. The conference also included  a roundtable discussion on challenges and opportunities during recessions, aimed to equip financial professionals with strategies to effectively manage new economic impacts.
 
Experts from industry-leading companies such as Saturna Sdn. Bhd, MicroLEAP, Ethis Group, Association of Shariah Advisors in Islamic Finance (ASAS) and SINEGY shared their knowledge and experience with participants while Al-Huda CIBE Dubai, United Arab Emirates collaborated as a media partner. The conference received support from industry leaders, including Kenanga Investors Berhad, AIA PUBLIC Takaful Bhd., TSI Wealth Planners, and Principal Financial Asset Management Bhd.
 
" Shariah Wealth Management is certainly gaining a lot of attention and popularity in the marketplace. As one of MFPC’s strategic pillars is ensuring community financial well-being, we want as many Malaysians to understand that a ringgit on hand today is worth more than a dollar promised in the future,” Mr Vincent Kwo Shih Kang, the president of MFPC stated in his opening speech.
 
MFPC will always be committed to organizing events that promote knowledge sharing and best practices in the Shariah wealth management industry, and looks forward to hosting more events in the future to continue advancing the industry.

Malaysian Financial Planning Council (MFPC)
The Malaysian Financial Planning Council (MFPC) was set up in in 2004 with the objective of promoting nationwide development and enhancement of the financial planning profession. We conduct professional programmes leading to the Registered Financial Planner and Shariah Registered Financial Planner designations. Both qualifications are approved by Bank Negara Malaysia (BNM) as a prerequisite to apply for a Financial Adviser’s Licence and a Financial Adviser’s Representative Licence. The qualifications are approved by the Securities Commission Malaysia for the Capital Market Services Licence (CMSL) application in light of the introduction of the Capital Markets and Services Act 2007.Our mission has extended to include raising the financial literacy of all Malaysians by being at the forefront of efforts to provide financial education to Malaysians from all walks of life. We do this by continuously conducting numerous financial education programmes for the public at no cost, reflecting our contribution to the positive development of Malaysians and ultimately the nation.
 
SOURCE : Malaysian Financial Planning Council (MFPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Puteri Nor’ain Nasuha Binti Muhamad Rozali
External Relations and Project Management
Malaysian Financial Planning Council
Tel: +6 01120786980
Email: puteri@mfpc.org.my 

Our website: www.mfpc.org.my

--BERNAMA