Islamic Sharia Compliance Manager

5 days ago


Dubai, Dubai, United Arab Emirates Dubai Islamic Bank Full time

We are seeking a highly skilled Islamic Sharia Compliance Manager to join our team at Dubai Islamic Bank. In this role, you will be responsible for supporting the entire product development cycle from a Sharia perspective, including identification of suitable Sharia structures, determination of required documentations and processes, and liaison with the Islamic Sharia Supervisory Committee (ISSC) to obtain Sharia approval/guidance.

You will also review concept notes of proposed products, key commercial objectives, and identify potential Sharia issues in the proposal. Furthermore, you will propose suitable Sharia structures, determine required product documentation, IT system requirements from Sharia compliance perspective, and identify other Sharia-related operational or implementation requirements.

The successful candidate will explain approved Sharia structures, documentation, and required processes from Sharia compliance perspective to product development, IT teams, and other relevant stakeholders. Additionally, you will assist the product team in developing product programs/relevant policy and procedure documents in accordance with the guidance of the ISSC and Higher Sharia Authority (HSA).

Other responsibilities include conducting reviews of accounting entries, marketing materials, and providing feedback in accordance with the guidance of the ISSC and HSA. You will also pursue the implementation of Sharia guidance of the ISSC and HSA with respect to relevant products, groom subordinates to improve their capability and skills, ensure compliance with approved policies, procedures, SLAs, and regulatory requirements, and maintain quality standards while ensuring risk mitigation.



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