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Lead Shariah Audit Specialist

2 weeks ago


Jeddah, Makkah Province, Saudi Arabia Islamic Development Bank Full time
In this role, you will be responsible for conducting Shari'ah audit engagements across the IsDB Group to ensure full compliance with Shari'ah approvals and requirements. You will work closely with the Associate Manager Internal Shari'ah Section to develop and implement the strategic objectives of the Shari'ah Audit Function. This includes monitoring new market developments and evaluating their impact on IsDB Group operations and activities.

You will also be responsible for providing Shari'ah audit guidance input to the Associate Manager on various high-level policy-related committees established by the management of IsDB Group. Additionally, you will participate in the periodic Shari'ah audit of all IsDB Group transactions, operations, and activities as an ex-post independent control function. You will also participate in the conduct of Shari'ah audit appraisal of IsDB Group annual financial statements and annual report.

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. You will also need to have proven competence in Shari'ah rules and principles, as well as problem-solving and negotiation skills.