Job Purpose:                                                                                                                         

To assist Head of Sharia’a Consultations in reviewing all bank’s products documents including Retail, Corporate, Trade Finance, with a special mention of Investment and Treasury to ensure that the products are in line with AAOIFI Sharia’a Standards and Resolutions and Fatwas of Higher Sharia’a Authority (HSA) and Internal Sharia’a Supervisory Committee (ISSC).

Key Accountabilities :                                                                                                                                                        

• Reviews Investment & Treasury transactions, Such as Sukuk, Syndication etc.
• Reviews Bank’s Investments and Finance new and existing documentations.
• Reviews existing and new products structures, policies, processes, SOPs, etc.
• Contributes in amending redrafting/rephrasing, adding, deleting, etc. as appropriate, to the extent that a document is in line with Sharia percepts in general and AAOIFI Sharia Standards in particular.
• Always, in the course of his work, keeps observing and adhering to all Governance Regulations, Resolutions, Guidance of UAE Central Bank, Higher Sharia Authority, Internal Sharia Supervisory Committee and all Regulatory Bodies in UAE.
• Contribute in attending day-to-day businesses queries on all bank’s products and services.
• Contributes in reviewing monthly profit calculation and distribution as per the approved Profit Distribution Policy/Mechanism.
• Contributes in examining and assuring that all Bank’s SOPs, processes, IT and Accounting systems are in line with Sharia Standards and all Governance Regulations of all Regulatory Bodies.   

Qualifications, Experience & Skills                                                                                                                                                         

• Excellent understanding of AAOIFI standards, holder of CSSA.
• University degree in Sharia’a (Preference).
• High proficiency of English Language – should be able to review, analyze and redraft contracts and very transactions documents.
• Arabic language is an extra credit point.
• Excellent business writing skills. 
• Good command of Arabic Language, preferred.
• Excellent understanding of Banking products and services.
• Fair knowledge about Accounting.