Empowering Financial Guidance with Heart,
Become an Islamic Financial Advisor in Singapore.
Are you compassionate, with a real desire to make a difference in people’s lives? Is your heart in ethical finance and supporting others in achieving their financial goals while staying true to their Islamic values? If so, we invite you to join us as an Islamic Financial Advisor in Singapore.
As an Islamic Financial Advisor, you will be entrusted with the task of providing honest and sensitive financial advice to our valued customers. You will have the privileged position to render Shariah-compliant solutions that align with our client’s beliefs so that their journey in finance is ethical, considerate, and quite meaningful in their viewpoint.
Career Opportunities as an Islamic Financial Advisor in Singapore
We realize very well that expertise in finances alone cannot help in making a difference in people’s lives. Therefore, we strongly emphasize empathy, compassion, and understanding as an integrated part of our approach. Your capability for personal connection with the clients will be valued, and you will be able to help them with some very important and crucial financial decisions.
Our team is fully committed to providing a supportive and inclusive environment in which you will be offered the prospect of personal and professional development. You will be fully trained and supported to equip you to provide this rewarding role.
In joining us, you will start your rewarding career but also be part of a team that cares about a difference that really matters. Together, we will aspire to create a financially strong future for our customers-one which perfectly aligns with their Islamic values.
We want to help you on your first steps into your career as a financial advisor. Contact us today to set up a non-obligatory chat so we may discuss your options with you-in person, via zoom, or over WhatsApp.
About Islamic Wealth Management
Islamic wealth management is a compassionate and technical service that attends to the unique financial needs and goals of each Muslim. With an Islamic wealth manager, one can confidently plan for their future: retirement savings and investments for education of their children.
Therefore, Islamic wealth management essentially revolves around its adherence to Islamic principles through the proper strategy and investment that corresponds to Shariah law. This means avoiding interest-based transactions referred to as riba and embracing responsible investment based on ethical and social parameters. This way, a Muslim marries his finance with faith to reach his goals without compromising on the core values.
The Islamic finance wealth managers are highly conversant with the Islamic finance principles and the financial markets around the world. They apply their expertise in the delivery of tailored solutions to the specific financial situations and goals of each client, whether through advising on available Shariah-compliant investment opportunities, guidance on related zakat liabilities, or the formulation of retirement plans.
In Islamic wealth management, Muslims get particular guidance on how to achieve their goals, and at the same time, these things are in concert with their religious beliefs. That is to say, people may be able to make choices and conduct their economic life in ways that best reflect both faith and principle. With compassionate guidance, one must be confident of addressing any situation arising in the financial world in a manner that will allow the attainment of one’s goals without compromise of principle.
Islamic Financial Advisor Job Description
A financial adviser is one who enacts roles whose focus is on financial planning management, entailing communicating with prospective clients, acquiring clients and client acceptance, cash management provision, investments, insurance, and retirement advice, sustaining relationships with clients with their financial planning needs. This role includes:
- Client Consultation: Consult the Client-in-depth consultations to perceptions of client’s financial goals, needs, and values.
- Relationship Building-trusting relationship based on empathy. Shariah-Compliant Financial Planning: Offer comprehensive financial planning in compliance with the tenets of Islam and ensure investment strategies and investment decisions are classified under the ambit of Shariah.
- Investment Recommendations: Provide professional advice concerning Shariah-compliant investment alternatives that best suit clients in terms of risk tolerance and financial goals.
- Retirement Planning: Assist the client in creating a well-defined retirement plan that will address long-term financial security and retirement income needs.
- Ethical and Socially Responsible Investing: Advise the client on different ethical investment opportunities that would more closely align with their values and at the same time improve society.
- Continuing Education: Stay updated on Islamic finance principles, market trends, and the dynamic nature of regulation to provide appropriate advice and relevant insight to the clients.
- Current Client Reviews: Periodically review the current status of the clients’ financial plans to keep them on track to achieve their goals. Update and make changes as circumstances change.
- Compliances and Documentation: Ensure that all financial activities and advice made are within the ‘letter’ and ‘spirit’ of regulatory requirements, and accurate records regarding the clients are maintained.
Minimum Requirements for being a financial advisor in Singapore
- Singaporean or Singapore Permanent Resident
- GCE ‘A’ Level certificate with three H2 passes and two H1 passes; • Or an International Baccalaureate (IB) diploma;
- Or a polytechnic diploma; or equivalent academic qualifications.
Minimum Examination
Financial Advisor Examination Requirements
- Module 5 — Rules & Regulations for Financial Advisory
- Module 9 — Life Insurance and Investment-Linked Policies
- Module 9a — Life Insurance And Investment-Linked Policies II
- Health Insurance Module
Career progression (Management Track)
- Agency Development Manager
- Financial Services Manager
- Senior Financial Services Manager
- Associate Director
- Financial Services Director
- Senior Financial Services Director
- Executive Financial Services Director
Career progression (Advisory level)
- Financial Planner
- Senior Financial Planner
- Executive Financial Planner
- Senior Executive Financial Planner
- Associate Manager