Associate Sharia Consultation Executive - Int'l Branches And Special Project

ADIB - Abu Dhabi Islamic Bank; Abu Dhabi; On-site; AED 360,000 - 580,000; Full time

Job summary

ADIB - Abu Dhabi Islamic Bank in Abu Dhabi seeks an Associate Sharia Consultation Executive to advise on Shari’a matters across GTB, FI and Trades businesses. The role involves reviewing financing structures, policies, documents and IT systems from a Shari’a perspective.

You will ensure compliance with HSA and ISSC resolutions and CBUAE governance standards, while maintaining an independent advisory stance and professional conduct in daily operations.

Qualifications

• 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.

Responsibilities

• Act as a Shari'a consultant for all Shari'a inquiries and matters related to GTB, FI and Trades business in ADIB Group.
• Review new structures and products of financings, obtaining funds, and services offered or used by GTB, FI and Trades business at ADIB Group level.
• Review 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.
• Review all 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.
• Review IT systems related to GTB, FI, and Trades business from a Shari’a perspective.
• Review promotions and marketing materials and publications related to the above business from a Shari'a perspective.
• Provide effective Shari'a advisory and ongoing support on arising Shari'a issues impacting day-to-day operations.
• Ensure consultations and reviews comply with HSA, ISSC resolutions and CBUAE Shari'a Governance Standards and ADIB policies.
• Provide independent Shari'a consultations and reviews with 60-75% independence.
• Maintain professional behavior and attitude.
• Comply with additional tasks as assigned by the line manager.

Skills

Verbal and written English-Arabic comm

Analytical thinking

MS programs knowledge

Education

Bachelor degree Islamic Studies or equivalent in Islamic banking and finance

Job description

Job Description:

Role: Associate Sharia Consultation Executive - Int'l branches & Special Project

Location: Abu Dhabi

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