Islamic Finance Governance Specialist

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
The role of the Senior Islamic Finance Expert is critical in upholding the mandates of the Shari'ah Affairs Division (SDiv) and Article 1 of IsDB's founding Articles of Agreement. The position requires a deep understanding of Shari'ah principles and the ability to apply them in a practical context. The expert will work closely with the Associate Manager Internal Shari'ah Section to develop and implement the strategic objectives of the Shari'ah Audit Function.

In addition to conducting Shari'ah audit engagements, the Senior Islamic Finance Expert will also be responsible for monitoring new market developments and evaluating their impact on IsDB Group operations and activities. This includes providing recommendations to the SDiv Lead on how to address any potential issues or challenges that may arise. Furthermore, the expert will participate in the preparation of periodic reports, briefings, and presentations for Management, as well as present findings of the Shari'ah reports to various stakeholders such as the President of IsDB, IsDB Group Shari'ah Board, and BOGs.

The ideal candidate will possess a Bachelor's degree in Shari'ah (Islamic Law)/Islamic Banking and Finance or related fields, as well as a minimum of 8 years of relevant experience in Islamic Finance/Shariah compliance. A Certificate in Shari'ah Advisor and Auditor (CSAA) from AAOIFI is preferred. The successful candidate will have proven competence in Shari'ah rules and principles, as well as problem-solving and negotiation skills.

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