There has been two significant developments affecting the financial and estate planning for Muslims since the Muslim Financing Planning Association (MFPA) had its inaugural successful conference in July 2009
- the passing of the Insurance (Amendment) Act 2009 and the amendments to Section 111 of the Administration of Muslim Law Act (AMLA) which gave rise to concerns in the insurance industry on the ability of Muslim life insurance policyholders to make revocable nominations
- the judgment of the Singapore Court of Appeal in March 2009 in Shafeeg’s case on the applicability of rights of survivorship to real
property held by Muslims as joint-tenants.
These developments will be discussed in depth at the MFPA 2010 Conference.
MFPA as a concerned group will examine the dynamics between the Syariah and secular principles on these and related matters.
Click below for conference brochures and registration form.