HBLTTI: 10305.60 (04-11-2022 18:30:00)

Listening

Shariah Compliance Officer

Key Responsibilities

  • Ensure adherence to SECP shariah guidelines and other regulatory requirements related to Shariah governance.
  • Ensure that business of shariah compliant funds are in conformity with Shariah principles and rules.
  • Stay updated with changes to the Shariah Governance Regulations and assist in ensuring the company complies with new regulations.
  • Act as a liaison between the company and the Shariah Advisors.
  • Assist in organizing and conducting shariah compliance training sessions for employees.
  • Participate in product reviews and provide input on Shariah compliance considerations.
  • Assist in preparing and submitting shariah compliance reports to senior management, board of directors and regulatory authorities etc.
  • Assist in preparation of responses to internal audit observations related to shariah products activities.
  • Assist Head of Compliance in reviewing all the shariah product proposals and related agreements, contracts, manuals, process flows.
  • Respond to any inquiries from the SECP or other regulatory bodies regarding Shariah compliance issues.
  • Other duties/task as assigned by the Head of Compliance

 

Education

  • Bachelor’s Degree from a recognized university with Certificate or diploma in Islamic Finance.

 

Requirements

  • Basic understanding of Shariah Governance Regulations and general Shariah compliance principles.
  • Strong attention to detail and organizational skills.
  • 1-2 years of experience in Shariah.
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