Your Singaporean Muslim Directory on Money Matters
Everything you need to know about your money matters, you’ll find it here. Get in touch with us if you can’t find what you are looking for or want to list your organisation!
Islamic Banking Accounts
| Bank Logo | Bank Name | Bank Account Type | Account Name | How To Access? |
|---|---|---|---|---|
 |
CIMB | Fixed Deposit Account | Why Wait Fixed Deposit-I Account | https://ifsg.tiny.us/CIMBWWFDi |
 |
Maybank | Fixed Deposit Account | Foreign Currency Term Deposit-I | https://ifsg.tiny.us/MBFCTDi |
|
Maybank | Fixed Deposit Account | Singapore Dollar Term Deposit-I | https://ifsg.tiny.us/MBSDTDi |
 |
OCBC | Current Account | OCBC Wadiah Account | https://ifsg.tiny.us/OCBCWA |
|
CIMB | Current Account | CIMB StarSaver-I Account | https://ifsg.tiny.us/CIMBSSi |
|
Maybank | Current Account | Foreign Currency Current Account-I | https://ifsg.tiny.us/MBFCCAi |
|
CIMB | Savings Account | CIMB Starsaver (Savings)-I Account | https://ifsg.tiny.us/CIMBSSiA |
|
CIMB | Savings Account | CIMB FastSaver-I Account | https://ifsg.tiny.us/CIMBFSiA |
|
Maybank | Savings & Current Account | Premiereone Account-I | https://ifsg.tiny.us/MBPAi |
|
Maybank | Savings Account | Savings Account-I | https://ifsg.tiny.us/MBSAi |
|
Maybank | Savings Account | ISavvy Savings Account I | https://ifsg.tiny.us/MBISSAi |
|
Maybank | Savings Account | Ar-Rihla Savings Account-I | https://ifsg.tiny.us/MBARSAi |
Islamic Financing
|
Logo
|
Financier
|
Type
|
How To Access?
|
|---|---|---|---|
 |
Maybank
|
Auto Financing
|
|
  |
ValueMax Pawnshop
|
Collateral Loan
|
1 Joo Chiat Road #01-1023 Joo Chiat Complex, 420001
|
 |
916 Pawnshop
|
Collateral Loan
|
824 Tampines Street 81, #01-20, S520824
|
|
Maybank
|
Commercial Property Financing
|
|
 |
CIMB
|
Renovation Loan
|
|
|
CIMB
|
SME Financing
|
|
 |
Kapital Boost
|
SME Financing
|
|
|
Maybank
|
SME Financing
|
Shariah Compliant Investments
|
Investment Class
|
Company
|
Name of investment
|
Min. Investment
|
How to Access?
|
|---|---|---|---|---|
|
Crowdfunding
|
Ethis Indonesia
|
Peer to Peer Crowdfunding
|
S$10,000
|
Ethis Website
|
|
Crowdfunding
|
Ethis Malaysia
|
Equity crowdfunding
|
RM1000
|
Ethis Website
|
|
Crowdfunding
|
Kapital Boost
|
Peer to Peer Crowdfunding
|
S$200
|
Kapital Boost Website
|
|
Cryptos
|
Various
|
Bitcoin, Ethereum (except speculative coins such as Doge)
|
S$10
|
Exchanges such as Coinhako
|
|
Digital Assets
|
Various
|
Digital properties
|
3 Ethereum
|
Various
|
|
Digital Assets
|
Various
|
Ethereum Name Service
|
>S100
|
ens.com
|
|
Digital Assets
|
Various
|
Liquidity mining / Stablecoins
|
Not Applicable
|
Various
|
|
Digital Assets
|
Various
|
Non-Fungible Tokens
|
>S$100
|
Various such as OpenSea
|
|
Exchange Traded Commodities
|
HANetf
|
Royal Mint Physical Gold ETC Securities (Soon to be compliant)
|
> USD 18 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
i-VCAP
|
MyETF MSCI Malaysia Islamic Dividend
|
> RM1 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
S&P
|
SP Funds S&P Global Reit Sharia Etf
|
> US20 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Blackrock
|
iShares MSCI EM Islamic UCITS ETF
|
> US$22./ unit
|
Brokerage accounts / Wahed app
|
|
Exchange Traded Funds
|
i-VCAP
|
MyETF Dow Jones US Titans 50
|
> US$2.21 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Newfunds Pty Ltd
|
NewFunds Shariah Top 40 Index ETF Portfolio
|
> ZAr 411 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
HANetf
|
Almalia Sanlam Active Shariah Global Equity UCITS ETF
|
> US$8 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Blackrock
|
iShares MSCI World Islamic UCITS ETF (ISWD)
|
>£3,296 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Wahed Invest
|
Wahed Dow Jones Islamic World ETF (UMMA)
|
> US$25 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Blackrock
|
iShares MSCI World Islamic UCITS ETF (ISDW)
|
>US$44 / unit
|
Brokerage accounts / Wahed app
|
|
Exchange Traded Funds
|
Affin Hwang Asset Management Berhad
|
TradePlus Shariah Gold Tracker
|
> RM2 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
S&P
|
SP Funds Dow Jones Global Sukuk ETF
|
> US$20 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Blackrock
|
iShares MSCI USA Islamic UCITS ETF (ISUS)
|
>£4,641 / unit
|
Brokerage accounts / Wahed app
|
|
Exchange Traded Funds
|
i-VCAP
|
MyETF Dow Jones Islamic Market Malaysia 25
|
> RM1 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
S&P
|
SP Funds S&P 500 Sharia Industry Exclusions ETF
|
>US$30 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Blackrock
|
iShares MSCI USA Islamic UCITS ETF (ISDU)
|
>US$62 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
i-VCAP
|
My ETF MSCI SEA Islamic Dividend
|
> RM1 / unit
|
Brokerage accounts
|
|
Exchange Traded Funds
|
Wahed Invest
|
Wahed FTSE USA Shariah ETF
|
>US$40 / unit
|
Brokerage accounts / Wahed app
|
|
Exchange Traded Funds
|
Wealthsimple
|
Wealthsimple Shariah World Equity Index ETF (WSHR)
|
> CAD 28 / unit
|
Brokerage accounts
|
|
Land Banking
|
Walton International
|
Various
|
S$20,000
|
Walton Rep
|
|
Microfinancing
|
Blossom Finance
|
Grocery, Farming, Market Traders, & Micro-Industry portfolio
|
S$100
|
Blossom Finance website
|
|
Mutual Funds
|
Franklin Templeton Investments
|
Templeton Shariah Global Equity Fund
|
S$100/month (RSP) or lump sum
|
Financial consultants / iFAST
|
|
Mutual Funds
|
Principal Asset Management
|
Principal DALI Opportunities Fund
|
Accredited investors only
|
FAiWA
|
|
Mutual Funds
|
Principal Asset Management
|
Principal Islamic Global Sukuk Fund
|
Accredited investors only
|
FAiWA
|
|
Mutual Funds
|
Bank Islam
|
BIMB-Arabesque Malaysia Shariah-ESG Equity Fund
|
Accredited investors only
|
FAiWA
|
|
Mutual Funds
|
Bank Islam
|
BIMB-Arabesque i Global Dividend Fund
|
Accredited investors only
|
FAiWA
|
|
Mutual Funds
|
Maybank Asset Management
|
Maybank Asian Growth & Income-I Fund
|
S$1000
|
Financial consultants / iFAST / Maybank
|
|
Mutual Funds
|
Deutsche
|
DWS Noor Precious Metals Securities Fund
|
S$100/month (RSP) or lump sum
|
Financial consultants / iFAST
|
|
Mutual Funds
|
Maybank Asset Management
|
Mamg Global Sukuk Income-I Fund
|
S$1000
|
Financial consultants / iFAST / Maybank
|
|
Mutual Funds
|
Franklin Templeton Investments
|
Franklin Global Sukuk Fund
|
S$100/month (RSP) or lump sum
|
Financial consultants / iFAST
|
|
Mutual Funds (ILP funds)
|
HSBC
|
HSBC Islamic Global Equity Index Fund
|
S$150/month (RSP) or lump sum
|
FAiWA
|
|
Mutual Funds (ILP funds)
|
NTUC Income
|
NTUC Takaful fund
|
S$150/month (RSP) or lump sum
|
Financial consultants: NTUC Income & Independent Financial advisors
|
|
Precious metals
|
Various
|
Gold, silver etc
|
>S$60 / gram
|
Pawnshops / Bullion / online
|
|
Private Equity
|
Montreux Capital Management
|
Montreux Healthcare Fund
|
Accredited investors only
|
FAiWA
|
|
Real Estate Investment Trusts
|
FAiWA & Phillips
|
I-REITs Fund
|
S$20,000
|
FAiWA
|
|
Stocks
|
Various
|
Dependent on shariah compliance
|
Not Applicable
|
Brokerage accounts
|
|
Venture Capital
|
Islamic Finance Guru
|
IFG.VC
|
£5000
|
Referral only
|
Financial Advisors With Access to Compliant Funds
|
Name of Advisory
|
Fund access
|
Independent / Associated
|
Contact
|
Remarks:
|
|---|---|---|---|---|
|
AXA
|
Franklin Templeton Shariah funds
|
Associated to AXA
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
Ascent Islamic
|
Franklin Templeton Shariah funds
|
Associated to Manulife
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
Financial Alliance Islamic Wealth Advisory (FAiWA)
|
Various: Principal funds, FTIF funds, NTUC funds, HSBC fund, etc.
|
Independent
|
https://ifsg.tiny.us/Partners
|
Has external and internal shariah advisors
|
|
Finexis
|
Various: Principal funds, FTIF funds, NTUC funds, HSBC fund, etc.
|
Independent
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
Great Eastern Financial Advisers
|
Franklin Templeton Shariah funds
|
Associated to Great Eastern
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
NTUC Income
|
NTUC Takaful fund
|
Associated to NTUC Income
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
Professional Investment Advisory Services (PIAS)
|
Various: Principal funds, FTIF funds, NTUC funds, HSBC fund, etc.
|
Independent
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
TAQWA
|
AIA Shariah Global Fund
|
Associated to AIA
|
Contact@ifsingapore.org
|
Email us to contact them
|
|
iFAST Global Market
|
Various: Principal funds, FTIF funds, NTUC funds, HSBC fund, etc.
|
Independent
|
https://ifsg.tiny.us/Partners
|
Nil
|
Islamic Finance Service Providers in Singapore
|
Logo
|
Name
|
Services
|
Based in:
|
|---|---|---|---|
 |
ARLC
|
Legal advisory
|
SG
|
 |
Amanie Advisors
|
Shariah advisory
|
MY
|
 |
Ascent Islamic
|
Financial Advisory
|
SG
|
|
CIMB Islamic
|
Financial services
|
SG
|
 |
Ethis
|
Crowdfunding services
|
MY
|
 |
FAiWA
|
Financial advisory
|
SG
|
 |
Five Pillars
|
Shariah advisory and certification
|
SG
|
 |
Global Sadaqah
|
CSR, Zakat and Waqf Management platform
|
MY
|
 |
Halal Universe
|
News and training
|
SG
|
 |
Idealratings
|
Screening
|
SG
|
 |
Islamic Finance Guru
|
Education
|
UK
|
 |
Kapital Boost
|
Crowdfunding services
|
SG
|
|
Maybank Islamic
|
Financial services
|
SG
|
 |
Pergas Investment Holdings
|
Shariah advisory, i-Wills etc
|
SG
|
 |
Wahed
|
Robo-advisory
|
MY
|
 |
Walton
|
Asset management
|
SG
|
 |
Warees
|
Waqaf management
|
SG
|
Shariah Stock Screener
|
Name
|
Performance
|
ESG
|
Portfolio
|
Red Flags
|
Price ($) / month when paid annually
|
Screening methodologies
|
|---|---|---|---|---|---|---|
|
Five Pillars
|
- | - | - | - | Subjective | 5 |
|
IF@SG
|
☑
|
☑
|
☑
|
☑
|
Not launched yet
|
6
|
|
Ideal Ratings
|
- |
☑
|
- | ☑ | SG$34 | 5 |
|
Islamicly
|
☑
|
- |
☑
|
☑
|
> S$22.08 (1 market only, app + desktop) | 1 |
|
Musaffa
|
- | - | ☑ | - | Free for a limited time | 1 |
|
Zoya
|
- | - | - | - | US$5 | 1 |
Recommended Islamic Finance Books
|
Picture of book
|
Name of Book
|
Suitable for?
|
Author
|
|---|---|---|---|
 |
Art of Islamic Banking & Finance
|
Beginners
|
Dr Yahya Abdul Rahman
|
 |
Investing in Islamic Funds
|
Beginner - intermediate
|
Dr Noripah Kamso
|
 |
Islamic Capital Market
|
Intermediate
|
Various
|
 |
Islamic Finance, Why It Makes Sense
|
Beginners
|
Daud Vicary & Keon Chee
|
 |
Shariah Minds in Islamic Finance
|
Beginners & Intermediate
|
Dr Daud Bakar
|
Islamic Finance Course/Cert Providers
|
Logo
|
Training Provider
|
Name of Cert
|
Accrediting Body
|
Fee
|
Where to Access?
|
|---|---|---|---|---|---|
 |
Chartered Institute of Islamic Finance Professionals (CIIF)
|
Chartered Professional in Islamic Finance (CPIF) - Takaful
|
Chartered Institute of Islamic Finance Professionals (CIIF)
|
RM21,100
|
|
|
Chartered Institute of Islamic Finance Professionals (CIIF)
|
Chartered Professional in Islamic Finance (CPIF) - Banking
|
Chartered Institute of Islamic Finance Professionals (CIIF)
|
RM21,100
|
|
 |
Chartered Institute of Management Accountants (CIMA)
|
Diploma in Islamic Finance
|
Chartered Institute of Management Accountants (CIMA)
|
£749.00
|
|
 |
Dr Ustaz Abdul Halim bin Abdul Karim
|
Islamic Economics
|
N.A
|
TBA
|
Email us for details |
 |
Ethica Institute of Islamic Finance
|
Advanced CIFEâ„¢ Financial Analysis (ACIFEâ„¢ FA)
|
Ethica Institute of Islamic Finance
|
US$1,100
|
|
|
Ethica Institute of Islamic Finance
|
Advanced CIFEâ„¢ Accounting (ACIFEâ„¢ ACC)
|
Ethica Institute of Islamic Finance
|
US$1,100
|
|
|
Ethica Institute of Islamic Finance
|
Certified Islamic Finance Executiveâ„¢ (CIFEâ„¢)
|
Ethica Institute of Islamic Finance
|
US$1,100
|
|
|
Five Pillars
|
Islamic Finance Qualification
|
CISI, UK
|
S$2,500/Pax
|
Email us
|
 |
Frankfurt School Sustainable World Academy
|
Certified Expert in Islamic Microfinance
|
Frankfurt School Sustainable World Academy
|
EUR 700
|
|
 |
General Council for Islamic Banks and Financial Institutions
|
Executive Professional Master in Islamic finance
|
General Council for Islamic Banks and Financial Institutions
|
US$3000
|
|
|
General Council for Islamic Banks and Financial Institutions
|
Professional Diplomas in Islamic finance
|
General Council for Islamic Banks and Financial Institutions
|
US$1,000
|
|
|
General Council for Islamic Banks and Financial Institutions
|
Professional Certificates in Islamic finance
|
General Council for Islamic Banks and Financial Institutions
|
US$500
|
|
 |
ICC Academy
|
Introduction To Islamic Banking & Finance
|
ICC Academy
|
US$150
|
|
 |
IIUM Institute of Islamic Banking and Finance
|
Certificate in Islamic banking and finance
|
IIUM Institute of Islamic Banking and Finance
|
Not launched
|
|
 |
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
Islamic Financial Planner (IFP)
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
RM9179
|
|
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
Intermediate Qualification in Islamic Finance (IQIF) (Choice of Banking/Takaful/Capital Markets specialisation)
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
RM8456.36 ~ 9563
|
|
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
Associate Qualification in Islamic Finance (AQIF)
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
RM6863.52 ~ 7508
|
|
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
Certified Qualification in Islamic Finance (CQIF) (Choice of Banking/Takaful/Capital Markets specialisation)
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
RM6749.04 ~ 7614
|
|
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
Certified Professional Shariah Auditor (CPSA)
|
Institute of Islamic Banking and Finance Malaysia (IBFIM).
|
RM16929.42 ~ 18750.50
|
|
 |
International Centre for Education in Islamic Finance (INCEIF)
|
Executive Masters in Islamic Finance (eMIF)
|
International Centre for Education in Islamic Finance (INCEIF)
|
RM9,330 for 3 subjects
|
|
|
International Centre for Education in Islamic Finance (INCEIF)
|
Micro-Certification from Executive Masters in Islamic Finance (eMIF)
|
International Centre for Education in Islamic Finance (INCEIF)
|
RM3,110 per subject
|
|
|
Islamic Finance Guru
|
The Halal Money Formula
|
Islamic Finance Guru
|
£198
|
|
|
Islamic Finance Guru
|
Islamic Finance codex
|
Mufti Faraz Adam
|
£1,152
|
|
 |
Jamiyah Education Center
|
Diploma in Islamic Banking & Finance
|
International Islamic College
|
S$8980
|
|
 |
TAIF Digital Institute
|
Certified Waqf Practitioner
|
TAIF Digital Institute
|
AED1048
|
|
|
TAIF Digital Institute
|
Islamic Microfinance Beginner Level
|
TAIF Digital Institute
|
AED550
|
|
|
TAIF Digital Institute
|
AAOIFI Certified Islamic Professional Accountant (CIPA) Preparatory Class
|
AAOIFI
|
AED750
|
|
|
TAIF Digital Institute
|
Diploma in Islamic Fintech
|
TAIF Digital Institute
|
AED1,500
|
|
|
TAIF Digital Institute
|
Islamic Finance Qualification
|
CISI, UK
|
AED1,500
|
|
|
TAIF Digital Institute
|
Certified Shariah Advisor & Auditor
|
AAOIFI
|
AED750
|
Financial Assistance For Students
|
Title
|
Study Loan
|
Scholarships
|
Bursaries
|
Education Subsidies
|
Research Grant
|
Educational Awards
|
|---|---|---|---|---|---|---|
|
AMP
|
-
|
☑
|
☑
|
-
|
-
|
☑
|
|
LBKM
|
-
|
☑
|
☑
|
-
|
☑
|
☑
|
|
MUIS
|
-
|
☑ (Postgraduate only)
|
-
|
☑
|
-
|
-
|
|
Mendaki
|
☑
|
☑
|
☑
|
☑
|
-
|
-
|
|
Muhammadiyah
|
-
|
☑
|
-
|
-
|
-
|
☑
|
|
Pergas
|
-
|
☑ (Postgraduate only)
|
-
|
-
|
-
|
☑
|
Estate Planning For Muslims
|
Service Provider
|
Inheritance Planning (1)
|
Preparing Islamic Documents (2)
|
Administration of Deceased Estate
|
Planned Giving (3)
|
|---|---|---|---|---|
|
ARLC
|
☑
|
☑
|
☑
|
☑
|
|
Abdul Rohim Noor Lila LLP
|
☑
|
☑
|
☑
|
☑
|
|
Barakah Capital Planners
|
☑
|
☑
|
☑
|
☑
|
|
FAiWA & Falco Heritage
|
☑
|
☑
|
☑
|
☑
|
|
H.O.H Law Corporation
|
☑
|
☑
|
☑
|
-
|
|
HTHT
|
☑
|
☑
|
-
|
☑
|
|
I.R.B Law LLP
|
☑
|
☑
|
☑
|
☑
|
|
Kensington Trust
|
-
|
-
|
-
|
☑
|
|
Pergas Investment Holdings
|
☑
|
☑
|
-
|
☑
|
|
Syariah Consultancy
|
☑
|
☑
|
-
|
-
|
1) Inheritance planning: Advisory on faraidh distribution & calculation
2) Preparing Islamic Documents: Will writing, Hibah, Nuzriah
3)Â Planned Giving: Wakaf, living trust and CPF/insurance/investment matters
