JEFMS || Explore your research to the world...ISSN[Online] : 2644-0504  ||  ISSN[Print] : 2644-0490


Paper Type:Research
Paper Title:Assessing The Issues and Challen ges of Current Comp etency Issues Amongst The Islamic Legacy Planners in M alay sia
Author:1Shahizan Bin Md. Noh, 2Zurina Binti Shafii, 3Ainulashikin Binti Marzuki
About Author: 1Universiti Sains Isla m Malaysia, Malaysia
2Universiti Sains Isla m Malaysia, Malaysia
3Universiti Sains Isla m Malaysia, Malaysia
Page No:
Article Info

While the increase of awareness for Islamic legacy planning encourages the need to have a competent Islamic legacy planner, the main challenge is a mismatch of talent pool between what isrequired by the clients and whatis offered by full-fledged Islamic trust companies in Malaysia. Thus, this paper argues for a competency framework for Islamic legacy planners within the full-fledged Islamic trust companies in Malaysia. Prior research reveals that the competency requirements for Islamic legacy planners were still not developed even though there is a need for it. There is indeed an urgent need to draft the competency requirements which will include the knowledge, skills, attributes and other characteristics requirements toensure an adequate supply of competent Islamic legacy planners to meet the expanding market demand. This paper proposes a model as a basis for competency framework for Islamic legacy planners that can uphold their effective roles serving the Islamic legacy planning industry.

Competent, knowledge, Islamic legacy planner, skill, Islamic legacy planning
[1]A Yaakob, A Ahmad, AS Musa, M Hasbullah, MZ Zakaria, NAM Awal & MAA Samuri. 2017. “The Application of the Concept of Best Interests of the C hild in Participating in the Matrimonial Proceeding in the Shariah Court”. Advanced Science Letters. Vol. 23. Issue 5. pp. 4782 –4786.

[2]A Isa, R Othman, N Azizan & NM Daud. 2017. “Factors Inhibiting Wasiyyah Practice Among Malay Community.” International Journal of Management Research & Review. Vol. 7. Issue 9. pp. 926 –932.

[3]A Natt, O Al-Habshi, & MP Zainal. 2009. “A Proposed Framework for Human Capital Development in The Islamic Financial Services Industry”. The Journal of Knowledge Economy & Knowledge Management. Vo. 1. pp. 9-26.[4]A Abdullah and J Muhammad. 2013. “Ethical Values in Islamic Financial Planning”. Jurnal Pengurusan 38 UKM. pp. 133-140.[5]AM Hashim & SM Hasan. 2013. “Prospects and O utlook of Islamic Wealth Management: Post Global Financial Crisis”. Q Report. Issue No. 2. pp. 22-27. [6]BAM Kamil & MCM Salleh. 2013. “The Need for Effectiveness Talent Management Practices Among Islamic Financial Institutions in Malaysia”. 4th International Conference on Business and Economic Research.[7]C Ball & A Haque. 2003. “Diversity in Religious Practice: Implications of Islamic Values in the Public Workplace.” Public Personnel Management. Vol. 32. Issue 3. pp. 315 –330.[8]D Sagoe. 2012. “Precincts and Prospects in The Use of Focus Groups in Social and Behavioural Science Research”. QualitativeReport. Vol. 17. Issue 29. pp. 1 –16.[9]E Piggot-Irvine. 2003. “Key Features of Appraisal Effectiveness”. International Journal of Educational Management. Vol. 17. Issue. 4. pp.170 –178.[10]FAM Azmi & MTSH Mohammad. 2011. “The Causes of Unclaimed, Late C laimed or Distributed Estates of Deceased Muslims In Malaysia”. International Conference on Sociality and Economics Development (IPEDR). [11]F Shafie, WZW Yusoff and SMD El-Edrus. 2016. “Factors of Failure and Delay in Islamic Inheritance Distribution in Malaysia.” 8th International Real Estate Research Symposium (IRERS).[12]F Blackler. 1995. “Knowledge, Knowledge Work and Organizations: An Overview and Interpretation”. Organization Studies 16(6). pp. 1021-1046. [13]H Talib, N Othman, SZ Ibrahim, N Din, M Nasirudin, AFM Ridzuan. 2016. “Maq id Al-Sh r ah Dalam Pelaksanaan Wasiat”. Repository YARSI. Vol 3. Issue 1. pp. 43-60.[14]AA Hassan, 2005. “Malay Dilemma”. Personal Money. pp. 77-78. [15]AA Hassan, 2005. “State Your Wishes”. Personal Money. pp. 38 & 42.[16]H Hagger & D McIntyre. 2006. “Learning Teaching from Teachers: Realising the Potential of School-Based Teacher Education”. McGraw-Hill Education (UK).[17]J Jamaluddin “Malaysia: Islamic Estate Planning.” Labuan International Business and Financial Centre, Malaysia. . Accessed: 17 May 2017[18]J Bersin. “Why People Management is Replacing Talent Management”. Global Human Capital Trends 2015. Deloitte University Press. . Accessed on 10 November 2018.[19]J Mohammad, FAM Azmi, S Ismail, RA Rahman, MT Sabit. 2018. “A Sustainable Model for Heritage Property: An Integrative Conceptual Framework”. International Journal of Engineering & Technology. Vol. 7. pp.274-280.[20]L Darling-Hammond & MW McLaughlin. 1995. “Policies that Support Professional Development inan Era of Reform”. Phi Delta Kappan. Vol. 76. Issue 8. pp. 597 –604.[21]L Darling-Hammond, B Berry & A Thoreson. 2001. “Does Teacher Certification Matter? Evaluating the Evidence”. Educational Evaluation and Policy Analysis. Vol. 23. No. 1. pp. 57 –77.[22]MA Lubis, R Mustapha & AA Lampoh. 2009. “Integrated Islamic Education in Brunei Darussalam: Philosophical Issues and Challenges”. Journal of Islamic and Arabic Education. Vol 1. Issue 2. pp. 51 –60.[23]MA Laldin & H Furqani. 2013. “Developing Islamic Finance inThe Framework of Maqasid Al-Shari'ah”. International Journal of Islamic and Middle Eastern Finance and Management. Vol. 6. Issue. 4. pp. 278 –289.[24]MA Laldin, MW Mahmud, MF Sawari. 2006. “Maqasid Syariah Dalam Pelaksanaan Wakaf”. Kertas Kerja Konvensyen Wakaf.

[25]MA Laldin. 2008. “Islamic Financial System: The Malaysian Experience and The Way Forward”. Humanomics. Vol. 24. Issue 3. pp. 217 –238.[26]MA Laldin. 2011. “Overview of Shari'ah Governance in Malaysia And Globally”. International Shariah Audit Conference and Workshop. pp. 1 –24.

[27]MZ Zakaria, A Yaakob, A Ahmad, AS Musa, M Hasbullah, AS Rajuddin, NAM Awal & MAA Samuri. 2017. “Advanced Science Letters. Vol. 23. Issue 5. pp. 4812 –4815.[28]MZ Zakaria, NM Ahmad, AZ Salleh, M Hasbullah & A Thoarlim. 2017. “Guiding Principles for Islamic Labor Code and Business Ethics”. International Journal of Academic Research in Business and Social Sciences. Vol. 7. Issues 5. pp. 336 –346.[29]IM Zaim, Anitha, R., Mohammad Taqiuddin, M., & Nor Hanani, A. 2015. “Perbankan Islam Di Malaysia: Tinjauan Strategi Pengukuhannya”. Labuan e-Journal of Muamalat and Society. Vol. 9. pp. 48-56.[30]M Tayeb. 1997. “Islamic Revival in Asia And Human Resource Management”. Employee Relations. Vol. 19. No. 4. pp. 352 -364.[31]MH Hasbulah & MZ Daud. 2015.“Planning on Wealth Distribution During Lifetime in Islam: Concept and Its Importance “. Global Journal Al-Thaqafah. Vol. 5. Issue 1. pp. 119 –131.[32]MH Hasbulah, MZ Daud & A Rosland. 2015. The Significance and Requirement of Estate Planning in Islam: Assessment in Maqasid Syariah Perspectives”. The Journal of Muamalat and Islamic Finance Research. Vol. 204. Issue 3959. pp. 1 -15.[33]N Basaruddin & A Vijaindren. 2018. “Angkasa Rancang Transformasi Sektor Koperasi”. Berita Harian. 16 July. [34]NMNA Rahman, MA Alias, S Shahid, MA Hamid & SS Alam. 2013. “Relationship Between Islamic Human Resource Management (IHRM) Practices and Trust: An Empirical Study.” Journal of Industrial Engineering and Management. Vol. 6 Issues 4. pp. 1105 –1123.[35]NMNA Rahman, NA Abdullah, KAAdham & N Mat. 2014. “Managerial Competencies: Comparing Conventional and Islamic Perspectives”. Jurnal Pengurusan. Vol. 41. pp. 91 –99.[36]NAM Ali, S Shahimi & Z Shafii. 2018. “Knowledge, Skills and Characteristics Requirements for Shari'ah Auditors”. Asian Journal of Accounting and Governance. Vol. 9. pp. 181 –200. [37]NSM Rafien, NH Idris, NI Kamaruddin & SN Ibrahim. 2017. “The Involvement of Islamic Banking in Waqf Activities”. Journal of Life Science Journal. Vol. 11. pp. 104-110.[38]NA Wahab, S Hashim & NAA Ghani. 2019. “What Influence Muslims to Make Wills? Insights into its Determinants.” The Journal of Muamalat and Islamic Finance Research. Vol. 16. Issue 1. pp. 37-52 Finance Research, Vol. 16. Issue 1. pp. 37-52.[39]N Dewa & S Zakaria. 2012. “Training andDevelopment of Human Capital in Islamic Banking Industry”. Journal of Islamic Economics, Banking and Finance. Vol. 8. Issue 1. pp. 95 –108.[40]NM Zin, S Ismail, J Mohamad, NHA Maimun, FAM Azmi. 2019. “Critical Determinants of Heritage Property Value: A Conceptual Framework”. Planning Malaysia Journal. Vol. 17. Issue 9.[41]NAA Karim. “Estate Planning: The Benefits of Islamic Estate Planning”. The Edge Financial Daily. . Accessed: 13 October 2018.[42]RI Beekun & J Badawi. 1999. “Leadership: An Islamic Perspective.” Beltsville: Amana Publications.[43]RI Beekun. “Why Islamic Leadership Must Be Competent”. The Islamic Workplace. . Accessed: 17 November 2019. [44]RI Beekun. 2006. “Strategic Planning and Implementation for Islamic Organizations.” Virginia: The International Institute of Islamic Thought.[45]RB Woodruff. 1997. “The Next Source for Competitive Advantage”. Academy of Marketing Science Journal. Vol. 25. Issue 2.[46]SA Aziz. C hief Executive O fficer. 8 December 2018. My Angkasa Amanah Berhad. Perkembangan Semasa Industri Pewarisan Islam Malaysia. (Personal Interview via telephone). [47]SKA Manan, R Saidon, NH Sahari, AA Aziz & N Jaapar. 2018. “Welfare Survival Index of Working Spouse: Income Sharing Dimension”. Proceedings ofthe 3rd International Halal Conference (INHAC 2016). pp. 273 –282.[48]S Miranda. “Talent Management, Learning & Development and Quality Assurance”. Finance Accreditation Agency. . Accessed on 15 November 2019.[49]S Alma’amun. 2010. “Islamic Estate Planning: Malaysian Experience”. Kyoto Bulletin of Islamic Area Studies. pp. 165 –185.[50]YM Hui. “Will the Real Financial AdviserPlease Stand Up.” The Star Online. . Accessed: 9 April 2016.Z Abdullah. 2018. “Exploring University Branding: Employers’ Expectation on University Graduates on Competency”. Jurnal Personalia Pelajar. Vol. 21. Issue 1. pp. 95 –

About Us

JEFMS is a scholarly open access, peer reviewed international journal with a primary objective to provide the academic community and industry for the submission of original research and applications related to Economics, Finance and Management. The main objective of JEFMS is to provide an intellectual platform for the international scholars.

Services Aim

JEFMS aims to promote interdisciplinary studies in Economics, Finance and Management. The scope of the journal encompasses research articles, reviews and short communications.

Accepts original and high quality research and technical papers.
Paper will publish immediately in current issue after registration.
Authors can download their full papers at any time with digital certificate.

Contact Us

Feel free to contact us, if you need any queries to be answered


K. L(Editor in Chief)
Mathilda Ave,
Sunnyvale California,
Zip Code : 94087, USA