Assistant Manager - Internal Sharia Audit

National Bank of Ras Al-Khaimah PJSC; United Arab Emirates; On-site; AED 120,000 - 150,000; Full time

Job summary

A leading bank in the UAE is seeking an Assistant Manager - Internal Sharia Auditor to ensure compliance with Islamic finance standards. The ideal candidate will conduct audits, prepare reports, and ensure adherence to Sharia guidelines. A university degree in Islamic Shari’ah and at least 2 years of Shari’ah audit experience are required, along with strong English and reasonable Arabic skills.

Qualifications

• Minimum of 2 years of experience in Shari’ah audit.
• Preferably an additional professional auditing certification.
• Reasonable command of Arabic.

Responsibilities

• Conduct regular Sharia-compliance audits across various business units.
• Review contracts, processes, and transactions.
• Assist in preparation of periodic Sharia’ah audit reports.

Skills

Fluent in English

Understanding of Islamic finance principles

Attention to detail

Education

University degree in Islamic Shari’ah or related field

Professional certification in Shari’ah and Islamic Banking Audit

Job description

About This Role:

As an Assistant Manager - Internal Sharia Auditor, you will play a critical role in ensuring that the bank’s operations, products, and services comply with Islamic finance standards and regulatory guidelines. You will be responsible for auditing and reviewing business activities to ensure alignment with AAOIFI standards, UAECB’s HSA guidelines, and resolutions from the Internal Shari’ah Supervisory Committee (ISSC).

What You’ll Be Doing:

• Conducting regular Sharia-compliance audits across various business units including retail, corporate, and business banking.
• Reviewing contracts, processes, and transactions to ensure adherence to Sharia principles.
• Discussing audit findings with relevant departments and reporting them to the Head of Internal Shari’ah Audit.
• Assisting in the preparation of periodic Sharia’ah audit reports for submission to the ISSC.
• Staying updated on Islamic finance regulations and standards issued by AAOIFI, HSA, and other bodies.
• Supporting the development of Sharia-compliant policies and procedures.
• Following up on corrective actions from previous audit reports.

What We’re Looking For:

• A university degree in Islamic Shari’ah or a related field.
• Professional certification in Shari’ah and Islamic Banking Audit from recognized institutions such as AAOIFI or CIBAFI.
• Preferably, an additional professional auditing certification from an international body.
• Minimum of 2 years of experience in Shari’ah audit.
• Strong command of English and reasonable command of Arabic.
• Deep understanding of Islamic finance principles, Sharia contracts, and regulatory requirements.
• High ethical standards and attention to detail.