Shariah Advisor – SSSA - Durban
Armstrong Appointments
Durban Posted 18 hours ago Main job function CORE PURPOSE OF THE JOB To provide Shariah advisory, assurance, and oversight in terms of AAOIFI Shariah Standards as interpreted by the Shariah Supervisory Board. Prepares primary reports and submissions to the Shariah Board. Prepares draft agendas and minutes of Shariah meetings. Attends and provides input at Shariah meetings as and when required. Prepares primary reports and submissions to the Shariah Board. Prepares draft agendas and minutes of Shariah meetings. Attends and provides input at Shariah meetings as and when required. Conducts primary research for the development of new products and for enhancement of existing products. Assists in project management of new products and enhancement of existing products and services. Assists in drafting and analyzing legal agreements. Develops Shariah checklists, procedures and policies for the different products and services. Engages in ongoing research and gathers information and reports on new trends in the Islamic financial industry. Examines existing compilations of Islamic rulings (fatawa) and related research papers and prepares summary reports on findings to the bank. Prepares articles on contemporary issues related to Islamic banking and finance with a view to publish them on the banks Newsletter and/ or External Media. SHARIAH TRAINING AND OPERATIONAL SUPPORT Develops training material and provides training to employees. Provides guidance and support to consultants on Shariah related matters. Attends to client’s Shariah related queries. Assists in all matters related to Shariah compliance of the bank and any other investments submitted to Shariah department for review and/or guidance. QUALIFICATIONS An advanced qualification in Shariah Law and relevant qualification in conventional law and/or finance will be required to meet the requirements of the role at the highest level of competence. PREFERRED EXPERIENCE A minimum of 2 years of relevant experience in the financial services industry. KNOWLEDGE Islamic Commercial Law Understanding of Islamic finance product structures Islamic research analysis skills Islamic product development skills Awareness of industry trends, constraints, and opportunities General Shariah, legal, finance and accounting skills Computer and information technology literacy Remuneration: Market Related A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies. To apply for this job email your details to sharonsmitarmstrongappointments.com
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