Shariah Compliance Officer

National Bank of Ras Al-Khaimah PJSC; United Arab Emirates; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading bank in the UAE is seeking a Shari’ah Compliance Officer to ensure compliance with Shari’ah principles within Islamic banking operations. This pivotal role involves conducting compliance reviews, reporting issues, and working with teams to uphold regulatory standards. Candidates should possess a Bachelor’s degree in a relevant field and 2–5 years of experience in Islamic banking, alongside strong knowledge of regulatory compliance. Competitive compensation and comprehensive benefits are offered.

Benefits

Medical coverage for you and your family

Comprehensive life insurance

Career development opportunities

Qualifications

• Bachelor’s degree in a relevant field.
• 2–5 years of experience in Islamic banking or financial institutions.
• Strong background in Islamic finance and regulatory compliance.

Responsibilities

• Conduct comprehensive Shari’ah compliance reviews across Islamic banking products.
• Prepare and submit detailed compliance reports.
• Support resolution of customer complaints related to Shari’ah compliance.

Skills

Islamic finance knowledge

Regulatory compliance

Banking operations familiarity

Education

Bachelor’s degree in relevant field

Islamic banking certification (AAOIFI, CIBAFI, EIBF)

Job description

AtRAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.

Join Us as a Shari’ah Compliance Officer

Step into a pivotal role where you’ll report directly to the Head of Internal Shari’ah Control Department and collaborate closely with cross-functional teams to uphold the integrity of Islamic banking practices. Your mission will be to ensure RAKislamic’s full compliance with Shari’ah principles and regulatory mandates, driving excellence across products, operations, and conduct.

What You’ll Be Doing:

• Conduct comprehensive Shari’ah compliance reviews across Islamic banking products and operations, aligned with CBUAE regulations, HSA resolutions, and ISSC guidelines.
• Identify and report non-compliant matters, ensuring timely remediation and resolution.
• Prepare and submit detailed compliance reports to ISSC, GCCO, GCRO, and GCEO.
• Disseminate Shari’ah compliance updates and requirements to relevant departments, business units, and branches.
• Support resolution of customer complaints related to Shari’ah compliance.
• Contribute to risk management, Shari’ah consultation, and R & D within the Internal Shari’ah Control Department.
• Apply legal documentation, pricing structures, risk mitigation strategies, and regulatory requirements in practice.
• Develop and oversee departmental compliance monitoring frameworks and ensure adherence to legal and regulatory obligations.
• Participate in risk mitigation planning, process analysis, and stakeholder support to ensure alignment with Shari’ah principles.
• Continuously enhance personal knowledge and skills to meet evolving business needs.

What We’re Looking For:

• Education:Bachelor’s degree in a relevant field.
• Islamic banking certification preferred (AAOIFI, CIBAFI, EIBF).
• Experience:2–5 years in Islamic banking or financial institutions.
• Industry Exposure:Strong background in Islamic finance and regulatory compliance.
• Familiarity with banking operations and product structures.

What’s In It For You:

• Competitive, performance-linked compensation.
• Medical coverage for you and your family.
• Comprehensive life insurance.
• Inclusive and diverse workplace culture.
• Career development and fast-track growth opportunities.
• Mentorship from industry experts.