About this role
Role : Associate Sharia Consultation Executive - Int'l branches & Special Project
Location : Abu Dhabi
Role Purpose
To provide or assist with Shari’a consultations to GTB, FI, Trades at ADIB Group level and review or assist policies and procedures, Shari’a structures, products and documentation related to their business. To provide Shari’a consultations and Shari’a review services in line with the resolutions of Higher Shari’a Authority (“HAS”) and the Internal Shari’a Supervisory Committee (“ISSC”) and in accordance with CBUAE Shari’a Governance Standard.
Key Accountabilities of the role
Act as a Shari’a consultant for all Shari’a inquiries and matters related to GTB, FI and Trades business in ADIB Group.
- 2. Act as a Shari’a consultant in reviewing all new structures and products of financings, obtaining funds, and services offered or used by GTB, FI and Trades business at ADIB Group level.
- 3. Act as a Shari’a consultant in reviewing policies and procedures (SOPs and PPGs) related to products, transactions and services provided or used by GTB, FI, and Trades business at ADIB Group level.
- 4. Act as a Shari’a consultant in reviewing all types of documents and forms related to products, transactions and services provided or used by GTB, FI, and Trades business or needed for this business at ADIB Group level.
- 5. Reviewing, from a Shari’a perspective, the IT systems related to GTB, FI, and Trades business.
- 6. Reviewing, from Shari’a perspective promotions and marketing materials and publications related to the above business.
- 7. Provide in general an effective Shari’a advisory and continuous support on any arising Shari’a issues that may impact the day-to-day operations for the above business activities.
- 8. Provide the above Shari’a consultations and conduct the above Shari’a review in line with the resolutions of HSA and ISSC, and in compliance with the requirements of CBUAE Shari’a Governance Standard and related ADIB’s internal charters and policies.
- 9. Provide the above Shari’a consultations and review in an independent approach up to not less than 60-75%.
- 10. Ensure professional behavior and attitude.
- 11. Comply with any additional tasks, which could be assigned by the line manager.
Specialist Skills / Technical Knowledge Required for this role:
- Bachelor degree Islamic Studies or equivalent in Islamic banking and finance.
- High level of knowledge of AAOIFI Shari’a Standards
- Verbal and written English and Arabic communication skills
- Analytical thinking and teamwork skills.
- Good level of knowledge in MS programs.
- Previous experience required (if any)
- 12+ years in the Islamic banking industry with at least 5+ years in a similar role