Fahi Dhiriulhun Corporation is looking to recruit for the below-mentioned vacancies. The TOR for the positions is attached with this announcement. Interested candidates are invited to submit their applications by clicking the link detailed below.
Post: Islamic Finance and Shariah Consultant
Vacancies: 1
Application form link:
https://forms.gle/z7xhk8NYDqAQLchH9
Deadline: Before 03 January 2024 (16:00 HRS)
Documents to be submitted:
- Online Application form
- Curriculum Vitae
- ID Card Copy / Passport Copy
- Copies of educational certificates (Accreditation and attestation – optional)
- Previous employment reference letters (letters must include name of the organization, post/designation, duration of employment, and summary of responsibilities/works carried out) - optional.
Submission details: Where applicants are unable to submit via link provided, please email completed applications to [email protected]. Additionally, the priority would be focused on locals.
Should you require any more information, please contact us on 7318778 or mail [email protected] between 08:00 AM to 04:00 PM on working days.
RESPOSIBLITIES AND OBJECTIVES:
- Assess and ensure the Shariah compliance of existing financial products, services, and operations.
- Provide expert advice on structuring new Islamic financial products and services.
- Conduct training sessions for relevant staff to enhance their understanding of Shariah principles in finance.
- Review and enhance internal policies and procedures to align with Shariah requirements.
- Assist in the development of Shariah-compliant investment strategies and financial instruments.
DELIVERABLES:
Shariah Compliance Review:
- Conduct a comprehensive review of existing financial products and services to ensure Shariah compliance.
- Provide recommendations for rectifying any non-compliance issues.
Product Development:
- Work closely with the product development team to structure new Islamic financial products within the given time frame.
- Ensure that product documentation adheres to Shariah principles.
Training and Capacity Building:
- Develop and deliver training sessions on Islamic finance principles for relevant staff.
- Provide ongoing support and guidance to enhance the organization's overall understanding of Shariah compliance.
Policy and Procedure Enhancement:
- Review existing policies and procedures to identify areas for improvement in line with Shariah requirements.
- Propose amendments and additions to ensure strict adherence to Islamic finance principles.
Advisory Services:
- Provide ongoing advisory services to the organization on matters related to Islamic finance.
- Stay in on of developments in Shariah standards and regulations.
Workflow:
- Discuss with the relevant departments to finalize and submit the consultancy workflow plan within the initial month of the contract.
- Act as a representative of FDC to engage in meetings addressing the pertinent subject matter and participate in other essential discussions related to Islamic finance.
REQUIREMENTS
- MQA level 9 qualification in Islamic Finance, Shariah Law, or any other relevant field.
and
- Experience of 6 (six) years or more in Shariah compliance within the context of financial field.
SKILLS AND COMPETENCIES
- Experience in structuring Islamic finance products and possessing a solid understanding of the related laws and regulations in the Maldives.
- Proficiency in MMA and CMDA policies and regulations on financial and treasury instruments.
- Strong communication and interpersonal skills.
- Ability to develop Shariah compliant models and deliver within reasonable time frames.
- Knowledge of Shariah compliant investments and financial instruments.