Vice President Shari’a Compliance Department

Job Details

Role Purpose:

  • Leading the Shari’a Compliance in Bank Group by raising and continuously monitoring the level of compliance with the Higher Shari’a Authority (“HSA”) resolutions and the CBUAE regulations and standards related to Shari’a compliance across the bank and managing the Shari’a Compliance Dept. (“SCD”) in the Internal Shari’a Control Division (“ISCD”).

Key Accountabilities of the role:

  • To adhere to reporting lines as highlighted in the CBUAE Shari’a Governance Standard.
  • To ensure that all departments in Banks  Group are operating within the Shari’a framework decided by HSA.
  • To review and approve all activities, products, and services (and related agreements) that will be conducted or executed by Bank to make sure that they are in line with the resolutions of HSA.
  • To follow up the implementation of (and adherence to) any new HSA’s resolutions.
  • To make sure that the internal Shari’a control functions are designed and operating in line with CBUAE Shari’a Governance Standard.

Specialist Skills / Technical Knowledge, Technical Competencies Required for this role:

  • Bachler Degree in Islamic banking or equivalent.
  • Strong academic skills or experience in Shari’a compliance.
  • CISSA and/or CIPA certifications (or alternative certifications).
  • Strong knowledge of banking and Islamic banking products

Previous experience:

  • More than (10) years of experience in Shari’a related functions in Islamic banking.