WELCOME TO THE IMI SYSTEM…
IMI System is a user-friendly Islamic financial planning tool developed and innovated by a team of faculty members from the Centre for Economics and Finance Studies, Faculty of Business and Management, Universiti Teknologi MARA (UiTM), Puncak Alam, Selangor, Malaysia.
Islamic financial planning involves the efforts by Muslims in managing their financial affairs in accordance with the shariah to meet their life goals. However, due to the lack of awareness and understanding it is unfortunate to see many Muslims involve in financial activities deviated from the teachings of Islam that prohibit the elements of riba, gharar and maisir.
IMI System is an excel-based Islamic financial planning system that helps Muslims to identify the level of conformity to shariah with regards to their investment, savings, debt and protection. In addition it is a tool to increase the awareness on the compulsory duty to pay zakat on income. It is hoped that Muslims would make a better financial and investment decisions leading to an increased in savings and investment rate, manageable debt position and sufficient protection against risk, all in line with the shariah.