Shariah Officer

Seef, Capital Governorate, Bahrain, Bahrain

Job Description

Job Responsibilities:

Provide correct, timely and updated Shariah advice and documentation review to address the needs of business. Engage with the relevant business segment teams and with the external counsels in addressing the Shariah related concerns with reference to Islamic finance structures and documentation.

Liaise with the Shariah Board members on a regular basis to seek Shariah issues clarifications on Islamic finance structures and documentation. Organise, prepare submissions for and host the Shariah Supervisory Board meetings, and finalize the minutes of the meetings. Review the structures and documentation and update and submit to the Shariah Board accordingly.

Provide on a regular basis Islamic finance training to relevant teams within the institution. Prepare the digital training content on Islamic finance.

Conduct annual Shariah Audit for each Business under the guidance of the Shariah Board and produce the Shariah Audit Report.

Engage with business and work closely to analyze, research and develop new Islamic finance products and services.

Qualification and Experience Requirements

Having a master's or at least a bachelor's degree in law/Islamic Finance with 5+ PQE active working experience on the Islamic finance documentation, and: Have studied Usul Fiqh (the origin of Islamic law) and/or Fiqh Muamalat (Islamic jurisprudence); Possess strong proficiency in Arabic; Have appropriate level of knowledge in Islamic Finance and Shari'a principles; received AAOIFI's Certified Shari'a Advisor & Auditor (CSAA) qualification; Demonstrate a good understanding of the banking industry and the regulatory environment; Received Advanced Diploma in Islamic Finance qualification; or Advanced Diploma in Islamic Commercial Jurisprudence (ADICJ).

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Job Family Group: Product Management and Development

Job Family:Market Segments and Services

Time Type:Full time

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Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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Job Detail

  • Job Id
    JD1689390
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Seef, Capital Governorate, Bahrain, Bahrain
  • Education
    Not mentioned