Islamic Wealth Advisory Services

Financial Alliance > Individual Financial Advisory > Islamic Wealth Advisory Services


For all your Islamic Wealth planning needs.

Financial Alliance is a leader in Islamic Wealth Advisory in Singapore. We provide advisory services – that comply with Shariah Law – on all the key areas of financial planning: investment, protection, estate planning, and zakat. To date, we have set many milestones in the area of Islamic Wealth Advisory in Singapore. For example, we:

  • Have a Shariah Committee & Advisors;
  • Introduced a list of unit trusts which are in compliance with established Shariah principles for Muslims; and
  • Work with the Pergas and other Muslim Organisations on a zakat calculation scheme for our clients.

Call us today at 6222-1889 or email us at


About Datuk Prof. Dr. Mohamad Akram Laldin

Prof. Dr. Mohamad Akram is currently the Executive Director of International Shari’ah Research Academy for Islamic Finance (ISRA) and Professor at International Centre for Education in Islamic Finance (INCEIF). Prior to joining ISRA he was an Assistant Professor at the Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University, Malaysia (IIUM). In the period 2002-2004, he was a Visiting Assistant Professor at the University of Sharjah, Sharjah, United Arab Emirates.

At present, he is the Member of Bank Negara Malaysia Shari’ah Advisory Council, Chairman of Shari’ah Board of Employees Provident Fund Malaysia
(EPF), Member of Shariah Supervisory Council of Labuan Financial Services Authority (FSA), Member of Board of Trustees of Malaysian Islamic Economic Development Foundation (YaPEIM), Member of Shariah Board DDCAP, London, Member of Internal Shariah Supervisory Committee, Dubai Islamic Bank, Member of Shariah Advisory Council International Islamic Financial Market (IIFM),Bahrain, Member Financial Regulation Advisory Council of Experts (FRACE), Central Bank of Nigeria, Member of The Panel of Recognized International Market Experts in Finance (“P.R.I.M.E. Finance”), Member of Institute of Corporate Directors Malaysia (ICDM) and other Boards locally and internationally.

Prof. Akram holds a B.A. Honours degree in Islamic Jurisprudence and Legislation from the University of Jordan, Amman, Jordan and a Ph.D. in Principles of Islamic Jurisprudence (Usul al-Fiqh) from the University of Edinburgh, Scotland, United Kingdom. He has presented many papers related to Islamic Banking and Finance and other Fiqh topics at national and International level and has conducted many training sessions particularly on Islamic Banking and Finance for different sectors since 1999. He is a registered Shariah Advisor for Islamic Securities with the Securities Commission of Malaysia and has acted as Shariah advisor in the issuance of several sukuks. In addition, he is also prolific author of academic works specifically in the areas of Islamic Banking and Finance. He is the recipient of Zaki Badawi Award for Excellence in Shariah Advisory and Research. Recipient of the Most Outstanding Individual Contribution to Islamic Finance during KLIFF 2016 organised by CERT. Winner of the 2017/1439H Malaysian Islamic Personality Award conferred by The Government of Malaysia on the occasion of the birthday of the Prophet Muhammad (peace be upon him).


About Mr. Haron Masagoes Hassan

Haron Masagoes Hassan is presently the Deputy Head and Internal Shariah Advisor for the Islamic Wealth Advisory (FAiWA) division within Financial Alliance. He has over 10 years of wealth management experience. Currently he holds supervisory level for Wealth Management in investment department. In his role, he is a member of the investment committee and also works closely with FAiWA’s external Shariah Advisor, Prof. Dr. Mohamad Akram Laldin of International Shariah Research Academy or ISRA, Malaysia.

He is also a certified Shariah advisor and auditor (CSAA) by Auditing and Accounting Organization for Islamic Financial Institutions (AAOIFI) based in Bahrain.

He is a graduate of International Islamic University Malaysia (IIUM), obtaining bachelor’s degree in Comparative Religion Studies and Usuluddin. He had completed a certificate in Fundamentals of Financial Services from Chartered Institute for Securities & Investment (CISI). 

He has given numerous seminars and diploma courses on a range of topics including Islamic finance, wealth management, contemporary Islamic sciences, investments, financial advisory and proper Islamic estate planning. He had been interviewed by Mediacorp Suria under its program ASET in which he covered the topics like future growth trend in Islamic Finance as well as matters related to Islamic Estate Planning. 

Between 2013 - 2021 he has published, among others, the following:

  1. IFN ANNUAL GUIDE 2021: SINGAPORE (Singapore Islamic finance: Slow but steady progress).
  2. Islamic Investment in Singapore ICR Journal 8.2 Produced and distributed by IAIS (International Institute of Advanced Islamic Studies) Malaysia,
  3. A Review of The Scholarship On Engagement In Higher Education Shaleh, M.A. & Hassan, H.M. (2018). Journal of Nusantara Studies (JONUS), 3(1), 120-126.,
  4. Business Ethics – An Islamic Perspective Produced by PERGAS Singapore,
  5. Halal Money Guide Part 1 and Part 2 Produced by AR-RISALAH Islamic Finance PERGAS Singapore.
  6. Wealth Journal Issue – Islamic Financial Planning For The Individual: The Singapore Landscape by Financial Alliance.


Investment portfolios based completely on Syariah-compliant products.

At Financial Alliance, we cater to your investment objectives – be it to provide a good education for your child, to ensure a comfortable retirement or to go for the hajj – with investment portfolios based completely on Syariah-compliant products, thus giving you a peace of mind. To date, we have created five portfolios based on our Muslim clients’ risk profiles: conservative, moderately conservative, moderate, moderately aggressive and aggressive, thus allowing for better risk management. In addition, we hold exclusive rights to some Syariah products, including those only available for accredited investors.


Personal or family protection needs that comply to Shariah law.

At Financial Alliance, we seek to provide you with solutions for you and your family’s protection needs. Our aim is to provide solutions which are in accordance to Shariah law. Given the absence of family takaful products in Singapore, we will guide you on how to obtain the next best alternative.


Customised solutions with respect to Islamic Estate Planning.

The distribution of Muslim estates are governed by Faraid, a system or method of distribution of one’s assets after death in accordance with Islamic principles. However, one’s assets are not restricted to distribution purely under Faraid as there are other means of planning a Muslim’s estate, such as the use of wasiyyah, hibah ruqba and nuzriah. We understand your needs and provide you with customised solutions with respect to Islamic Estate Planning.


Zakat calculation services for both individuals and businesses.

Zakat, being the 3rd pillar of Islam, is an important aspect of every Muslim’s financial planning. We offer Muslim clients zakat calculation services for both individuals and businesses by working together with Muslim Organisations. Muslim clients who opt for this scheme will be sent a letter by a Financial Alliance and Pergas-appointed amil to notify them of the amount of zakat payable once the necessary conditions (haul and nisab) are met. We have the capability in place to introduce the concept of wakaf planning as part of our Islamic financial planning process.


Solutions for SMEs and institutions that are in-line or closest to that of Syariah.

We provide SMEs and institutions with solutions that are in-line or closest to Syariah. We also provide Singapore’s only Syariah-compliant commercial financing, consultation on Syariah standards and zakat calculations for businesses. We have provided Muslim SMEs and Islamic organizations, such as mosques, voluntary organizations and many others, with solutions tailored to their specific needs, including structuring staff benefits, investing excess liquidity and others.